Question Analysis
The question tests the student's ability to recognize an exponential function based on a given scenario.
Key Concept Explanation
Exponential functions have a proportional rate of change, which in this case is the 15% depreciation of the car's value each year.
Step-by-step Solution
1. Identify the type of function based on the given information.
2. Recognize that the car depreciates by a fixed percentage (15%) each year, indi...
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