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Mathematics, 11.10.2019 14:50 carlosd21151

The function p(t) represents the value of a new car t years after it was manufactured.

p(t)=24,525(0.94)^t

what does the value 0.94 represent in this situation?

the value of the car increases by 94% each year.

the initial value of the car is 0.94.

the value of the car is 0.94 times the value of the car the previous year.

the value of the car decreases by 94% each year.

i think its d

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