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II. Answer the following word problems involving geometric sequence and series. 1. Sam has purchased a P30,000-car for his business. The car depreciates 30% every year. Depreciation means the value of an object goes down by a certain percentage each year (the value becomes 70% of the previous value). What will be the value of the car after the 5th year? 2. Suppose you drop a tennis ball from a height of 15 feet. After the ball hits the floor, it rebounds to 0.85 of its previous height. How high will the ball rebound after its third bounce? Round to the nearest tenth. 3. Hardy started a fishery where the fishes grow twice as big in population every month. If the initial population of his fingerlings was 100, what will be the population of the fishes in 10 months