George just bought a new scooter for $8000. He plans on keeping it until it is worth a fourth of it's original price. He believes that every year the scooter loses an eighth of its value. He can represent the value of the scooter by the equation V = 8000(
7
8
)t, where V is the value of the scooter and t is the number of years that have passed. As he was leaving the dealership he was told that the scooter really loses a sixth of it's value every year. What should George change in the equation V = 8000(
7
8
)t to

Question

George just bought a new scooter for $8000. He plans on keeping it until it is worth a fourth of it's original price. He believes that every year the scooter loses an eighth of its value. He can represent the value of the scooter by the equation V = 8000(
7 
8 
)t, where V is the value of the scooter and t is the number of years that have passed. As he was leaving the dealership he was told that the scooter really loses a sixth of it's value every year. What should George change in the equation V = 8000(
7 
8 
)t to