George just bought a new scooter for $8000. He plans on keeping it until it is worth a fourth of it's original price.
He believes that every year the scooter loses an eighth of its value. He can represent the value of the scooter by the equation V = 8000 (7/8) t, where V is the value of the scooter and t is the number of years that have passed.
As he was leaving the dealership he was told that the scooter really loses a sixth of it's value every year. What should George change in the equation V = 8000 (7/8) t to represent this new situation?
A) Replace the 7/8 with a 6.
B) Replace the 8000 with 5/6.
C) Switch the V and t
D) Replace the 7/8 with a 5/6.
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Home » Mathematics » George just bought a new scooter for $8000. He plans on keeping it until it is worth a fourth of it's original price. He believes that every year the scooter loses an eighth of its value.