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The first term of GP, a=4
Common ratio=
=
=-5
r=-5
nth term of GP, an=a
a8=4*
a8=4*
a8=4*-78125
a8=-312500
A= P(1+r)^t, where P= initial value, r= interest rate in %, and t = number of years.
However, if there isa decrease in value, the formula becomes:
A= P(1-r)^t and in our case :
A = 30,000(1- 0.24)^t OR A = 30,000(0.76)^t
Answer:
17.2
Step-by-step explanation:
8.7x-1.9x=116.96
6.8x=116.96
x=116.96/6.8
x= 17.2