Stacey Buys a Used Car for $5,000

question 242

Multiple Choice

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

---

Definitions:

European Countries

Nations located in the European continent, each with its sovereignty, culture, and economic policies.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the impact of the next dollar earned on their tax burden.

Proportional

Referring to a relationship where changes in one item directly mirror changes in another, often expressed as a constant ratio.

Tax System

The legal framework and mechanisms through which taxes are imposed on individuals, corporations, and transactions in a country, shaping the distribution of tax burdens.