The answer is A, the denominator should be 18.
8.11 is bigger because its number is the closest to the next whole number.
I did the math it should be 1672
<span>7^2•3^2+(1+2)^0•3-4^2•1
= 49</span>•9 + 1•3 - 16<span>•1
= 441 + 3 - 16
= 428</span>
Answer:
The value will be $1,411.20
Step-by-step explanation:
What we do here is to set up an exponential equation to calculate the value.
Mathematically it will look like this;
V = I(1-r)^n
where V is the future value
I is the initial amount = 24,600
r is rate of decrease = 13.75% = 13.75/100 = 0.1375
n is the number of years = 15 years
substituting these values, we have
V = 24,600(1-0.1375)^15
V = 24600(0.8625)^15
V = 1,411.165582454129
= $1,411.20
