A travel trailer is bought at the price of $35,000. The value decreases at the rate of .25 every year (t). The exponential expression 35,000(0.75)t describes this situation. Find the value of the travel trailer after 5 years.
Question 7 options:
A)

$8,305.66

B)

$10,928.53

C)

$12,234.21

D)

$15,239.32