Question

The cost of a car, in dollars, t years after its purchase is $20,000 - $3,000t.

Which statement is correct?
A.
The cost of the car depreciates every year by $3,000.
B.
The cost of the car depreciates every year by $20,000.
C.
The cost of the car increases every year by $3,000.
D.
The cost of the car increases every year by $20,000.

Answer 1

B.
The cost of the car depreciates every year by $20,000.