document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1026874>Question 1026874</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hello, could someone please help me with a two part problem writing equations?  The problem states:  Houses in Madison's town are losing 11% of their value each year.  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.  I have P=V(1-r)^t and after substituting 11 for r, I got the equation P=V(0.89)^t.  Then, the next part states \"Rewrite your equation to find the effective monthly percentage decrease in value\".  I thought it might be V=(1-0.11/12)^12t, but I'm not sure.  Any help would be appreciated! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #642226 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39618)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=642226\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> You want to change the equation from viewing as a yearly period to view as a monthly period. \r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1-11%2F12 ALIGN=MIDDLE  ALT=\"1-11%2F12\"   DISABLED_style= \"max-width:90%; height:auto;\" > will give the rate kept for a one-month period.\r<BR>\n" );
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document.write( "Next is to make the adjustment for amount of time.  t is still YEARS.  You know the fact  12 months IS 1 year.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t%2Ayears%2A12%28months%2Fyear%29=12t%2Amonths ALIGN=MIDDLE  ALT=\"t%2Ayears%2A12%28months%2Fyear%29=12t%2Amonths\"   DISABLED_style= \"max-width:90%; height:auto;\" >, so you seem to ALMOST have the formula correct -----just need the proper grouping symbols for the rendering into \"notation\".\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=V%281-r%2F12%29%5E%2812t%29 ALIGN=MIDDLE  ALT=\"P=V%281-r%2F12%29%5E%2812t%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >-------------but remember --- t is used in YEARS. </SPAN>\n" );
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