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Mathematics, 12.11.2020 20:20 ReaFam

PLS HELP FAST The equation y = 24000(0.93)t represents the depreciation of a new car purchased in 2003. Which of the following explanations describes how the car’s value changes year after year? A.
The value of the car depreciates by $1,680 each year.

B.
The value of the car increases by 93% each year.

C.
The value of the car decreases by 93% each year

D.
The value of the car decreases by 7% each year.

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