Question

Mr. Smith owns a car that is currently worth $8,000. The value of the car depreciates at the rate of 25% each year. Which of the following graphs represents the value of the car, y, in dollars, after x years? V​

Answer 1

Car Value Depreciation Graph

The graph that represents the value of the car, y, in dollars, after x years is the graph that starts at $8,000 on the y-axis and decreases at a steady rate of 25% each year on the x-axis. It would be the graph V.