Doug purchased land for $8,000 in 1995. the value of the land depreciated by 4% each year thereafter. use an exponential function to find the approximate value of the land in 2002

a - $5,760
b - $5,771
c - $6,012
d - $6,262

Option C.  

Step-by-step explanation:

we know that

The  formula to calculate the depreciated value  is equal to  

where  

V is the the depreciated value  

P is the original value  

r is the rate of depreciation  in decimal

t is Number of Time Periods  

in this problem we have  

substitute in the formula above  

step-by-step explanation:

two pairs of adjacent sides are of equal length. this implies that one diagonal divides the kite into congruent triangles, and so the angles between the two pairs of equal sides are equal in measure. it also implies that the diagonals are perpendicular.