Question

A. V(t)=0.87(22,000)^t

B. V(t)=1.13(22,000)^t
C. V(t)=22,000(0.87)^t
D. V(t)=22,000(1.13)^t

Answer 1

C.

Explanation:

A and B you can already eliminate because you need to power the rate not the starting value. D is wrong because it's increasing, so if the value increased by 0.13 each year it would be right. So you're left with C