Answer:
$11040
Step-by-step explanation:
first of all the question says that $4000 were earned in a year and asks for what the new vale would be after the next 3 years with a discount rate of 8%.
If 1 year=$4000,then 3 years=$12000
100%-8%=92% (this happens because there is still a remaining amount that still has a cost to it),so 12000*92%=$11040
Answer:
60 and
x=4
Step-by-step explanation:
Interest = p times R times T
D
You figure out the absolute value by determining how far the number is from the point 0 on a number line.