So I believe you will have to do 10% x 7 as it has been seven years which will be 70% and 70% of 8000 is 5600 so the answer will be £5600
The exponential function is given in the form

where a is the initial value and b is the multiplicative rate of change
So lets plug the first two values of the table in this function , we get
or

Now plug second

Divide equation 2 by equation 1

On simplifying we get

or

So the multiplicative rate of change of the function is

So what are we trying to find the reduced fraction or inverse operation
1. It's in point-slope form right now
y - 7 = -x - 4
x + y = 3
2. Find the slope through (y2-y1) / (x2-x1)
The slope is 3.
Use the point slope formula: y - 9 = 3 (x - 8)
y - 9 = 3x - 24
y = 3x - 15
3. a. standard form
b. point-slope
c. slope-intercept
d. standard
5. Use point-slope: y - 8 = 6 (x - 3)
y - 8 = 6x - 18
-6x + y = -10