Answer:
b hopefully this helps you with work
ANSWER:
50.88
STEP BY STEP
First you would do 64 x .25 which is 16
Then you would take the 16 away from 64 so it would be 48
Then you have to add the tax so it would 48 x .06 = 2.88
Finally you would add the 2.88 to 48 which is 50 .88
Use A = P (1 + r/n) ^(nt). Assuming that we're dealing with years here, n = 1, so we have
A = P (1 + r) ^(t), where r is the interest rate as a decimal fraction.
The investment decreases in value, so the common ratio r is (1.000-0.012), or 0.988.
Thus, A = $100,000* (0.988) ^25 = $73947.52 is the current value, after 25 years.
Answer:
Step-by-step explanation: