Answer:
A
Step-by-step explanation:

To reach percentage, you just have to move the decimal two times to the right. Doing that to 0.12 leaves us with 12, which is the answer.
Answer:
$ 8300 (Approximately)
Step-by-step explanation:
Given:
Initial price of the trailer is, 
Rate of decrease per year is, 
The time in years is, 
The exponential expression for the decrease in price after 't' years is given as:

Plug in all the given values and solve for 'P'. This gives,

Rounding it to the nearest whole number, the price of the travel trailer after 5 years is $ 8,300.