The statement below best describes the value the base 0.86 is that "the car Trevor purchased depreciates at a rate of 86%".
- It should be noted thàt depreciation occurs when we buy an equipment or machine and use it. With time, due to wear and tear or usage, the value reduces.
- The value of the car will not appreciate but rather depreciate. Therefore, the correct option is "the car Trevor purchased depreciates at a rate of 86%".
In conclusion, the correct option is D.
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