A candidate for mayor promises to reduce property taxes in the city by 2% per year while in office. Suppose the average citizen paid about $9000 per year in property taxes before the election. If the candidate keeps this promise, about how much will the average citizen pay after 4 years

Respuesta :

9000(.02)=180
9000-180= $8,820 (first year's tax)

8820(.02)=176.4
8820-176.4= $8643.60 (second year's tax)

8643.6(.02)=172.87
8643.6-172.87= $8470.73 (third year's tax)

8470.73(.02)=169.41
8470.73-169.41= $8301.32 (fourth year's tax)