Marisa buys a car for $20,000. The car depreciates at a rate of 12% per year. Which equation shows the value of Marisa's car over a period of x years?

CLEAR SUBMIT

f(x)=0.88(20,000)x

f(x)=20,000(x)0.88

f(x)=20,000(0.12)x

f(x)=20,000(0.88)x

The equation that shows the value of Marisa's car over a period of x years is f(x) = 20,000(0.88)^x.