SOLUTION: A construction crane sells for $650000 if purchased new. After that, the value decreases by 40% each year. If we let a_0 represent the value when it was purchased, then a_1 is th
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-> SOLUTION: A construction crane sells for $650000 if purchased new. After that, the value decreases by 40% each year. If we let a_0 represent the value when it was purchased, then a_1 is th
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Question 1086525: A construction crane sells for $650000 if purchased new. After that, the value decreases by 40% each year. If we let a_0 represent the value when it was purchased, then a_1 is the value after 1 year, a_2 is the value after 2 years, etc.
a) Write the first five terms of the sequence.
b) What is the common ratio?
c) Write the sequence from part (a) using a recursive formula (starting at n = 0). Answer by Fombitz(32388) (Show Source):