128 pts

high school mathematics 5+3 pts

the general equation for depreciation is given by y = a(1 – r)t, where y = current value, a = original cost, r = rate of depreciation, and t = time, in years. a car was purchased 6 years ago for $25,000. if the annual depreciation rate is 11%, which equation can be used to determine the approximate current value of the car?
a. 25,000(0.89)^6 b.(25,000 x 0.11)^6 "answers should look something like this."