A Large Printing Press Sells for $225,000 When It Is

Multiple Choice

A large printing press sells for $225,000 when it is new. After that, its value decreases 25% each year. Write a geometric sequence that gives the value of the press at the end of each of the first 5 years after it is purchased. What is the common ratio r for this sequence? Construct a line graph for this sequence.

A) $146,250.00, $95,062.50, $61,790.63, $40,163.91, $26,106.54; r = 0.75.
B) $168,750.00, $126,562.50, $94,921.88, $71,191.41, $53,393.55; r = 0.75.
C) $128,017.50, $83,211.38, $54,087.39, $35,156.81, $22,851.92; r = 0.65.
D) $150,500.00, $105,350.00, $73,745.00, $51,621.50, $36,135.05; r = 0.7.
E) $157,500.00, $110,250.00, $77,175.00, $54,022.50, $37,815.75; r = 0.7.