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Trevor purchases a car. The value of the car is modeled by the function y = 22000(0.86)*t. Which statement below best describes the value

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

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