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A car purchased for $25,000 depreciates annually at a rate of 11%. The value of...

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A car purchased for $25,000 depreciates annually at a rate of 11%. The value of the car t years after its purchase is given by the expression 25,000(0.89). Which expression represents the quarterly depreciated value at the rate at which the car is depreciating?A. 25,000(0.89^4 )^4tB. 25,000(0.89^4)^1/4 tC. 25,000(0.89^1/4)^1/4 tD. 25,000(0.89^1/4)^4t

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