Answer:
hope this helps you look it once.
Answer: The answer is 3573.64
Step-by-step explanation:
Exponential Functions:
y=ab^x
a=starting value = 19000
r=rate = 11.25%=0.1125
Exponential Decay:
b=1-r=1-0.1125=0.8875
Write Exponential Function:
y=19000(0.8875)^x
Plug in time for x:
y=19000(0.8875)^14
y= 3573.6388855
Evaluate
:
y≈3573.64
Answer:
Oliver's living expenses- 520(.1)=$52
