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Today, 18:49

A travel trailer is bought at the price of $35,000. The value decreases at the rate of. 25 every year (t). The exponential expression 35,000 (0.75) t describes this situation. Find the value of the travel trailer after 5 years.

Question 7 options:

A)

$8,305.66

B)

$10,928.53

C)

$12,234.21

D)

$15,239.32

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Answers (1)
  1. Today, 21:41
    0
    V = $8305.66 (First given answer)

    Step-by-step explanation:

    Use the expoential expression V = 35000 (0.75) ^5 (be sure to use " ^ " to indicate exponentiation):

    Here V = 35000 (0.2373)

    or

    V = $8305.66
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