Trevor purchases a car. The value of the car is modeled by

Last updated: 7/16/2022

Trevor purchases a car. The value of the car is modeled by the function y= 22000(0.86). Which statement below best describes the value the base 0.86? The car that Trevor purchased appreciates at a rate of 14%. The car Trevor purchased depreciates at a rate of 14%. The car Trevor purchased depreciates at a rate of 86%. The car that Trevor purchased appreciates at a rate of 86%.