A travel trailer is bought at the price of $35,000. The value decreases at the rate of .25 every year (t). The exponential expression 35,000(0.75)t describes this situation. Find the value of the travel trailer after 5 years.
Question 9 options:
A)
$8,305.66
B)
$12,234.21
C)
$10,928.53
D)
$15,239.32