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? f(x) = 12,000(0. 12)x, with a horizontal asymptote of y = 0 f(x) = 12,000(1. 12)x, with a vertical asymptote of x = 0 f(x) = 12,000(0. 88)x, with a horizontal asymptote of y = 0 f(x) = (12,000 0. 88)x, with a vertical asymptote of x = 0.