Question

A new car depreciates in value by 12% for the first 6 years after the car is purchased. Does this model growth or decay and is the percent of growth or decay a constant?

A)
decays by percent that varies
B)
decays by a constant percent
C)
grows by percent that varies
D)
grows by a constant percent

Answer 1

B) decays by a constant percent

Answer 2

The best and most correct answer among the choices provided by the question is the second choice.

The model of the problem would be "decays by a constant percent"
I hope my answer has come to your help. God bless and have a nice day ahead!