Question

Ronald bought a car for 2,500. The value of the car depreciates by 6 percent each year. What type of function is this ?

Answer 1

Exponential

Explanation:

The liner function represents that there is a constant change in the original value of the asset

While on the other hand the ex[onential function refers to that function in which there is an increase or decreased in the value of the asset that contains the current value of the asset

Hence, the given situation denotes the exponential function