Answer:
72891
Explanation:
150,000 is the base number
In the first year it will be the same, so it'll only count 13 years
the equation is: 150,000(0.946)^x
how:
150,000(100%-5.4%)^x
150,000(94.6%)^x
150,000(0.946)^x
*it's 100%-5.4% because that's that's remaining each year if it's decreasing by 5.4%. you would convert the percentage into decimals because it's decreasing by a percentage, not a whole number
150000(0.946)^13
*13 is the number of years, so it's x
72891.356467