Answer:
Correct choice is A
Step-by-step explanation:
Note that 6.5% is 0.065 as decimal.
Ramon bought a bicycle for $478. The value of the bicycle is expected to decrease at a rate of 6.5% each year, then the function that represents the situation is
[tex]y=478\cdot (1-0.065)^t=478\cdot (0.935)^t,[/tex]
where t is time (in years).
Options C and D are false, because functions are increasing, option B is false, because this function represents how much will the value decrease.
