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PLEASE HELP!

You bought a car for $5,000. Each year it depreciates in value by 8.5%. Which equation can be used to find the value, v, of the car, x years after it was purchased?

PLEASE HELP! You bought a car for $5,000. Each year it depreciates in value by 8.5%. Which-example-1

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Answer: C

Step-by-step explanation: In bracket we subtract 8,5% which is 0.085 from whole amount which is 1. Then the obtained result, we raised to the power of x - wich respresent numbers of years

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