Answer:
The given parameters of the investment are;
The rate of decrease of the investment, r = -10%
The original amount of the investment, P = $75.00
Let 'A' represent the final answer (value of the investment) after the decrease in the investment, 'r', is applied, we have;
The algebraic equation that can be used to arrive at the final answer, 'A', is given as follows;
A = P + r·P
Therefore by substituting the given values, we have;
A = $75.00 + (-10/100) × $75.00 = $75.00 - 0.1 × $75.00 = $75.00 - $7.50
A = $75.00 - $7.50 = $67.50
The final amount or answer, A = $67.50
Step-by-step explanation:
