Question
Select Multiple Answers The value of the couch decreases A quickly at first,, and then more slowly as time passes. B will be about 1305 After 5 years, the value of the couch C 29% after 5 years. The value of the couch increases by If someone buys the couch for 4500 D and sells it 3 years later, they can expect to get about 470 E over 5 years. The value of the couch depreciates Select Answers...
Solution
4.3
(246 Votes)
Cedric
Elite ยท Tutor for 8 years
Answer
### A. The value of the couch decreases quickly at first, and then more slowly as time passes.### B. After 5 years, the value of the couch will be about
4500 and sells it 3 years later, they can expect to get about $1236.### E. The value of the couch depreciates over 5 years.
Explanation
## Step 1: Calculate the value after 5 years### The couch depreciates by 35% per year. After 5 years, the value is
.## Step 2: Calculate the value after 3 years### After 3 years, the value is
.## Step 3: Analyze the depreciation pattern### The depreciation is exponential, meaning the value decreases faster initially and then slows down.## Step 4: Calculate the percentage decrease after 5 years### The percentage decrease after 5 years is
.