Hi I am new her and I need a lot of help with my algebra homework as soon as possible please

Question

1.) The value of a car bought new for $28900 decreases 15% each year. Identify the function for the value of the car. Does the function represent growth or decay?

A.) V(t) = 28900(0.15)t; decay

B.) V(t) = 28900(0.85)t; decay

C.) V(t) = 28900(0.85)t; growth

D.) V(t) = 28900(0.15)t; growth

 

 

2.) The value of a treadmill bought new for $1000 decreases 5% each year. Use a graph to predict the value of the treadmill in 5 years.

A.) ≈ $902.50

B.) ≈ $773.78

C.) ≈ $814.50

D.) ≈ $857.38

Answer 1