The value of Royce Company's computer equipment
is decreasing in value by 13% each year. If they are
currently worth 1.5 million dollars, write an
exponential function to estimate the company's value
after x years.
A. y = 1.5(0.13)^x
B. y = 1.5(0.87)^x
C. y = 0.87(1.5)^x
D. y = 0.87x + 1.5