document.write( "Question 966913: Houses in Madison's town are losing 11% of their value each year. \r
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document.write( "1.) Let v be the current value of Madison's house. Write an equation that describes the projected value, p, at a time t years from now. \r
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document.write( "2.) Rewrite your equation to find the effective monthly percentage decrease in value. \n" );
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Algebra.Com's Answer #590935 by BC17(9)![]() ![]() ![]() You can put this solution on YOUR website! v = current value of Maddys house \n" ); document.write( "p = projected value \n" ); document.write( "t = timr\r \n" ); document.write( "\n" ); document.write( "current value minus the 11% lost of value per year = the projected value \n" ); document.write( "v - 11%t = p (REMEMBER TIME IS IN YEARS IF YOU WANT TO CALCULATE FOR A NUMBER OF MONTHS YOU WILL NEED TO / BY 12)\r \n" ); document.write( "\n" ); document.write( "Rewrite equation\r \n" ); document.write( "\n" ); document.write( "Simply 11% divide by 2 = 5.5% decrease per month\r \n" ); document.write( "\n" ); document.write( "therefore\r \n" ); document.write( "\n" ); document.write( "v - 5.5%t = p (REMEMBER TIME IS IN MONTHS IF YOU WANT TO CALCULATE FOR A NUMBER OF YEARS YOU WILL NEED TO * BY 12) \n" ); document.write( " |