1 point
The value of an automobile decreases each year and is described by the equation (t)- 24 000(0.95)',
where t is the number of years after the car is purchased. Estimate the rate at which the value of the auto
is changing 5 years after it is purchased.
a. -$1250/year
b. -$950/year
C. -$150/year
d. $150/year