The function & above can be used to determine the value, in dollars, of a piece of equipment after
n months. If the value of the equipment decreases
cach year by x% of its value the preceding year,
what is the value of x?

Einstein office equipment has a rental plan for office machines. a fax machine that lists for $722.98 can be rented for 22% of the price annually. the state imposes a usage charge of 3.2%. if stephen hawking travel decides to rent the fax machine, what will its total monthly rental charge be?