Question

Suppose you purchase a car for $24,500, and it depreciates at the rate of $1,500 a year. Express the car's value after five years as a term of an arithmetic

sequence.

Answer 1

Hi

U0 = 24 500

Each year we substract 1 500 ,

So in 5 years U5 = 24 500 - 5*1500 = 17 000