Question 1 of 5 A home has an original value of $249,000. Each year, the value of the home decreases by 7.1%. Select the equatio
n that models the situation after t years. V = 249,000(1.071)t V = 249,000(0.929)t V = 249,000(0.071)t V = 249,000(0.29)t
1 answer:
Answer:
V = 249,000(0.929)^t
Step-by-step explanation:
100% - 7.1% = 92.9% = 0.929
0.929 must be raised to t, the number of years.
V = 249,000(0.929)^t
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