The correct answer is:
How to find X if P percent of it is Y. Use the percentage formula Y/P% = X
Convert the problem to an equation using the percentage formula: Y/P% = X
Y is 26,400, P% is 16%, so the equation is 26,400/16% = X
Convert the percentage to a decimal by dividing by 100.
Converting 16% to a decimal: 16/100 = 0.16
Substitute 0.16 for 16% in the equation: 26,400/0.16 = X
Do the math: 26,400/0.16 = X
X = 165,000
So $ 165,000 is the price of the home.
I hope this helps you!!
1st year= 18000 x 0.85 = 15300
2nd year= 15300 x 0.85 = 13005
3rd year= 13005 x 0.85= 11054.25
The remainder is always less than the divisor because if the remainder was more than the divisor then you would have a totally different answer. If the remainder was more than the divisor than you know your answers wrong.
All the components in the state vector need to sum to 1. You're given that component corresponding to state 1 is 0.2, and that the component for state 3 is 0.
That leaves states 2 and 4, for which you're told that the component for state 2 is four times as large. If

is the component for state

, then you have

which means

. So the state vector is

.