Jason estimates that his car loses 12% of its value every year. the initial value is $12,000. which best describes the graph of the function that represents the value of the car after x years?

Step-by-step explanation:

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We have been given that Jason estimates that his car loses 12% of its value every year. The initial value is $12,000.

Since the value of car is decreasing exponentially, so we will use exponential decay function to find the graph that represents the value of the car after x years.    

An exponential decay function is in form: , where,

a = Initial value,

r = Decay rate in decimal form.  

Let us convert our given rate in decimal form.

Upon substituting our given values in decay function we will get,

We can see from our graph that as x approaches infinity, y approaches to zero, therefore, our graph will have a horizontal asymptote at y=0.

Therefore, the function represents the value of the car after x years.

5104.38 inches

step-by-step explanation: