Answer:
an exponential function
Step-by-step explanation:
Use a function of the same form as the compound amount formula:
A = P(1+r)^5, where r is the appreciation or depreciation rate and P is the initial value. This is definitely an exponential function.
The given function could model the value of the car as an exponential function.
We have given that,
Jenny bought a new car for $25,995. The value of the car depreciates by 16 percent each year.
We have to determine which type of function could model the value of the car.
Use a function of the same form as the compound amount formula
A = P(1+r)^5,
where r is the appreciation or depreciation rate and P is the initial value. This is definitely an exponential function.
Therefore the given function could model the value of the car as an exponential function.
Therefore the option A is correct
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