Answer:
the value will fall below $3000 in the 7 th year because :
Step-by-step explanation:
15% of 13500 is 2025
On subtracting 2025 from 13500 every time we can see that the value keeps dropping.
So, we will get $3375 in year 6 and in year 7 we will get $1350 by subtracting 2025 from 3375.
Hence we will get 1350 at the 7th year.
