The average depreciation rate of a new boat is approximately 8% per year. If a new boat is purchased at a price of$75,000, which model is a recursive formula representing the value of the boat n years after it was purchased?->a1) a = 75,000(0.08)”a = 75,000(1,08)"11n2) a= 75,000a = 75,000a₁ = (0.92)"a₁ = 0.92(a,, -₁)3)4)6 Savannah just got contact lenses. Her doctor said she can wear them 2 hours the first day, and can then increasethe length of time by 30 minutes each day. If this pattern continues, which formula would not be appropriate todetermine the length of time in

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The average depreciation rate of a new boat is approximately 8% per year. If a new boat is purchased at a price of $75,000, which model is a recursive formula representing the value of the boat n years after it was purchased?-> 3) a = 75,000(1,08)" 4) a₁ = 75,000 a = 0.92(a) (1) 2) a, = 75,000(0.08)" - a₁ = 75,000 0 a, = (0.92)"