A certain forest covers an area of 3200 km^2. Suppose that each year this area decreases by 3.5% what will the area be after 7 y

Question

1 year ago

8

ears?

1 answer:

sveta [45] · Answer 1 · 2023-07-18T18:25:36+03:00

The forest area after 7 years will be 2493.

<h3>What will the area be after 7 years?</h3>

The forest area experiences a compound decline. This means that each year the forest area decreases exponentially.

The formula that can be used to determine the area of the forest area after 7 years is:

FV = P (1 - r)^n

3200 ( 1 - 0.035)^7

3200 x 0.09650^7 = 2493

To learn more about future value, please check: brainly.com/question/18760477

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