The table below shows the value in dollars of a car at the end of x years

Number of Years, x| 0 | 1 | 2 | 3 |
Value, v(x) (dollars)|11,000| 9,350|7,948|6,755|
Which exponential function models this situation?
A. y = 85(11000)^x
B. y = 11000(0.85)^x
C. y = 11000(1.15)^x
D. y = 1.15(11000)^x

The exponential function that models this situation is option B: y = 11000(0.85)^x.