Samantha buys a car for $19,000. Looking on Kelley Blue Book, she realized that her car goes down 3% in value every year. What is the value of her car in 5 years?

What is the sum of the geometric series in which a1 = 7, r = 3, and an = 1,701? hint: cap s sub n equals start fraction a sub one left parenthesis one minus r to the power of n end power right parenthesis over one minus r end fraction comma r ≠ 1, where a1 is the first term and r is the common ratio