The starting value is 20,300, and the value is decreasing by 9.5% each year.
Because it decreases by 9.5% each year based on the previous amount, we use an exponential decay model.
A decrease by 9.5% corresponds to multiplying by 91.5% each year.
We write . We plug in 11 years for t.
$7,671.18
The answer is C because it like adding 11.40+00.40 and that would be 12:20
17=70h
Divide each side by 70
It would be 14 mins and 33 seconds