A family spends a total of $1946 on fast food this year. The family decreases the amount it spends on fast food by 3% every year.

⦁ Write the equation modeling how much they spend after x years.

⦁ How much will the family spend after 5 years?

Question

A family spends a total of $1946 on fast food this year.  The family decreases the amount it spends on fast food by 3% every year. 

⦁	Write the equation modeling how much they spend after x years.


⦁	How much will the family spend after 5 years?

superdavesuper · Answer

3% less each year = 100 - 3 = 97% which is 0.97.
So after 1 year, the family will spend $1946 * 0.97 on fast food.
Then after 2 years, it becomes $1946*0.97*0.97 and so on.
Based on the above, after x years, the equation will then be....

anonymous · Answer

thank you!

superdavesuper · Answer

Welcome - are u all set now? Plz let us know if u need more help :)

anonymous · Answer

will do!