Home values in a town have declined 27 % per year for each of the past four years. What was the total percentage decrease in home values during the​ four-year period?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.8: Transforming Exponential Expressions
Problem 17PFA
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Home values in a town have declined 27 % per year for each of the past four years. What was the total percentage decrease in home values during the​ four-year period?

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