Answer:
initial value = 20000
after 10 years = 6974
Step-by-step explanation:
This equation is in the form
y = ab^x where a is the initial value and b is the growth/decay rate
The initial value is 20,000
v(t) = 20000 (.90)^t
Let t = 10 years
v(10) = 20000 (.90)^10
v(10) =6973.568802
Rounding to the nearest dollar
=6974
