Answer:
<u>Part 1: C. $3,159.30</u>
<u>Part 2. C. –5; –135; –10,935</u>
Step-by-step explanation:
Part 1:
Price of the boat = $ 16,600
Depreciation rate = 14% = 0.14
Time of utilization of the boat = 11 years
Price of the boat after 11 years = Original price * (1 - Depreciation rate)^Time of utilization of the boat
Price of the boat after 11 years = 16,600 * (1 - 0.14)¹¹
Price of the boat after 11 years = 16,600 * 0.1903
<u>Price of the boat after 11 years = $ 3,159.30</u>
Part 2:
Let's find out the first term of the sequence given:
A(1) = -5 * 3¹⁻¹
A(1) = -5 * 1
A(1) = -5
Let's find out the fourth term of the sequence given:
A(4) = -5 * 3⁴⁻¹
A(4) = -5 * 3³
A(4) = -5 * 27
A(4) = -135
Let's find out the eighth term of the sequence given:
A(8) = -5 * 3⁸⁻¹
A(8) = -5 * 3⁷
A(8) = -5 * 2,187
A(8) = -10,935
