A new car will depreciate at a rate of 17% per year. Which of the following equations represents the value of the car you paid $25,000 for after you have had it for 5 years?     A) y=0.17(25000)5y=0.17(25000)5 A),  y is equal to 0 point 1 7 25000 5 B) y=25000(1−0.17)5y=25000(1−0.17)5   B),  y is equal to 25000 times open paren 1 minus 0 point 1 7 close paren to the 5th power C) y=25000(5)17y=25000(5)17   C),  y is equal to 25000 times 5 to the 17th power D) y=25000(1+0.17)5

College Algebra
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ISBN:9781337282291
Author:Ron Larson
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Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 7ECP: The kinetic energy E of an object varies jointly with the object’s mass m and the square of the...
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A new car will depreciate at a rate of 17% per year. Which of the following equations represents the value of the car you paid $25,000 for after you have had it for 5 years?
 
 
  • A) y=0.17(25000)5y=0.17(25000)5
    A),  y is equal to 0 point 1 7 25000 5
  • B) y=25000(1−0.17)5y=25000(1−0.17)5
      B),  y is equal to 25000 times open paren 1 minus 0 point 1 7 close paren to the 5th power
  • C) y=25000(5)17y=25000(5)17
      C),  y is equal to 25000 times 5 to the 17th power
  • D) y=25000(1+0.17)5
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