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Answer:
$ 728
Step-by-step explanation:
Amount of Money Cody has = $700
Simple Interest = 4%
As it is know that interest is always given on annually basis so
Amount of profit he have in one year = Money he have right now * interest
=700 * 4%
=
= $ 28
After one year he will have = total money at that time + Profit
= 700 + 28
= $ 728
Answer:
Step-by-step explanation:
Assuming the decay factor, m = 0.0005
f(x) = 
f(9000) =
= 1 - 0.0111 = 0.99