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The function B(t) 17,550(0.88) models the value of a boat. t years after it was purchased. Which statement is true about the value of the boat? A The value of the boat is increasing by 12% each year. B. The value of the boat is increasing by 88% each year. C. The value of the boat is decreasing by 12% each yearD. The value of the boat is decreasing by 88% each year.

Sagot :

Answer:

Explanation:

The function that models the value of the boat is given as:

[tex]B\mleft(t\mright)=17,550\mleft(0.88\mright)^t[/tex]

We can rewrite this as:

[tex]B(t)=17,550(1-0.12)^t[/tex]

This is in the form of an exponential decay

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