Question 1200931
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The value loses 13.5% of its value each year; that means the value gets multiplied by 100% - 13.5% = 86.5%, or 0.865, each year.  If that happens for 8 years, the value of the original $5000 after 8 years is<br>
{{{5000(0.865)^8}}}<br>
which is $1567.11, rounded to the nearest cent.<br>