SOLUTION: A financial survey estimated that, on average, the retail value of a mid-sized car decreases 8% annually. If the value of a mid-sized car in a particular year is $15,600, which equ

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: A financial survey estimated that, on average, the retail value of a mid-sized car decreases 8% annually. If the value of a mid-sized car in a particular year is $15,600, which equ      Log On


   

Question 1028015: A financial survey estimated that, on average, the retail value of a mid-sized car decreases 8% annually. If the value of a mid-sized car in a particular year is $15,600, which equation represents its value (V) after n years?
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
Well, the choices aren't given but the right answer should look something like
V+=+15600%2A.92%5En