Question

A truck is bought at the price of $60,000. The value decreases at the rate of .25 every year (t). The exponential expression 60,000(0.75)t describes this situation. Find the value of the truck at 2 years.

Question 16 options:

A)

$30,123

B)

$35,239

C)

$33,750

D)

$32,120

Answer 1

C)

$33,750

Explanation:

60,000(0.75)5 = $33,750.

You'll get it right...

Answer 2

It is B because you have to subtract and than you have to add