document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1019386>Question 1019386</A>: <I><SPAN STYLE=\"word-break: break-all;\"> What is the rate, constant multiplier, and an equation that represents the situation when Larry buys a truck for $13,500. The value of the truck is expected to decrease at a rate of 20% each year </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #635298 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=635298\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> It is 13,500(0.8)^t, where t= the number of years.<BR>\n" );
document.write( "The basic formula is <BR>\n" );
document.write( "P=Po{1+r)^t, where P is price at a given time t, and Po is where it started, and r is the rate of increase or decrease.   </SPAN>\n" );
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