Stacey Buys a Used Car for $5,000

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