Solve the equation of exponential decay.
a company's value decreased by 11.2% from 2009 to 2010. assume this continues. if the company had a value of
$9,220,000 in 2009, write an equation for the value of the company years after 2009

$9,220,000(0.888)^t

Step-by-step explanation:

Model this using the following formula:

Value = (Present Value)*(1 - rate of decay)^(number of years)

Here, Value after t years = $9,220,000(1 -0.112)^t

          Value after t years =  $9,220,000(0.888)^t

multiplication is multiplication.   it might feel harder depending on what level of math you are in, but generally it will be the same old stuff, while implementing some new concepts and methods of solving work.