The function f(x)=17,400(0.85)x

represents the values of a certain type of car x years after it is purchased. Xavier states that the decay rate of the value of the car is 85%. Which accurately describes Xavier’s statement?

(1 point)
Responses

Xavier correctly determined the decay rate of the value of the car.
Xavier correctly determined the decay rate of the value of the car.

Xavier should have subtracted 0.85 from 1 to determine a decay rate of 15%.
Xavier should have subtracted 0.85 from 1 to determine a decay rate of 15%.

Xavier should have added 0.85 to 1 to determine a decay rate of 1.85%.
Xavier should have added 0.85 to 1 to determine a decay rate of 1.85%.

Xavier should have divided 1 by 0.85 to determine a decay rate of 1.18%.

Xavier should have subtracted 0.85 from 1 to determine a decay rate of 15%.