Mark buys a used car for $12,000. The value of the car depreciates 10% per year from the time he bought the car.

The value of Mark's car, V(t), can be represented by which of the following functions?
V(t) = –0.10t + 12,000
V(t) = 12,000(0.90)t
V(t) = –0.90t + 12,000
V(t) = 12,000(0.10)t