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

Question

Krueger

Mathematics

21 July, 10:04

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

+3

Answers (1)

Know the Answer?

Eduardo Mcmillan · Answer 1

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

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)$8,305.66B)$10,928.53C)$12,234.21D)$15,239.32