They can be divided into
2 groups of 16
4 groups of 8
8 groups of 4
16 groups of 2
Not enough information- the coupon will only be worth 24% after tax though.
Answer:
Final amount of customers =30141.44
Step-by-step explanation:
Amount of customer remaining
A= p(1-r/n)^(nt)
P= initial amount of customers
R= rate but it's a negative rate
N= number of times
T= number of years
A= final amount of customers
A= p(1-r/n)^(nt)
A= 51200(1-0.038/14)^(14*14)
A= 51200(1-0.0027)^196
A= 51200(0.9973)^196
A= 51200(0.5887)
A= 30141.44
