Answer
a) $y= 1500*.8^x$
b) $768
c) 4.923 years
Work Step by Step
a) $y= 1500*.8^x$
b)$y= 1500*.8^x$
$y= 1500*.8^3$
$y = 1500 *.512$
$y = 768$
c)
$500 = 1500*.8^x$
$500/1500 = 1500*.8^x/1500$
$1/3 = .8^x$
$4.923 = x$
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