Stacey buys a used car for $5,000. With each year that passes, the car drops $470 in value. Write a sequence of numbers that gives the value of the car at the beginning of each of the first 5 years she owns it.
A)$5,000, $4,530, $4,060, $3,590, $3,120
B)$5,000, $4,530, $4,050, $3,600, $3,110
C)$5,000, $4,906, $4,436, $3,966, $3,496
D)$5,000, $4,060, $3,590, $3,120, $2,650
E)$5,000, $4,530, $4,060, $3,590, $3,590

Question

Quizplus · Accepted Answer

The car starts at $5,000 and decreases by $470 each year. To find the value of the car in each subsequent year, we can subtract $470 from the previous year's value.

Year 1: $5,000 - $470 = $4,530 
Year 2: $4,530 - $470 = $4,060 
Year 3: $4,060 - $470 = $3,590 
Year 4: $3,590 - $470 = $3,120 
Year 5: $3,120 - $470 = $2,650

Thus, the answer is choice A.

Stacey Buys a Used Car for $5,000