Final answer:
The function v(t) = 32,000 * 0.96° represents the value of a new car as a function of time.
Step-by-step explanation:
The function v(t) = 32,000 * 0.96° represents the value of a new car as a function of time. In this equation, v(t) represents the value of the car and t represents the time in years. The function can be simplified to v(t) = 30,720°.