Answer:
$17,281.12
Step-by-step explanation:
28,500 * (.92)^x
x - amount of years after 2012
.92 - 100-8 = 92 which is the percent of the price the previous year
Calculator needed.
28,500 * .92^6
28,500 * ~.60636
17,281.1175383
Round up to 17,281.12
48.16
67.4 + 1.5 = 68.9
your answer is x = 6
desmos