Andrew M. answered • 05/08/17
Tutor
New to Wyzant
Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/Honors
Each year, with a decrease of 13%, the guitar is
worth 87% of what it was the previous year.
Your equation is:
V(t) = V0(.87)t
Where V(t) represents the value after t years,
V0 is initial value, t = time in years
V(6) = 400(.87)6 = $173.45
Samyia F.
where did you get .87 from?02/12/19