Answer:
$11040
Step-by-step explanation:
first of all the question says that $4000 were earned in a year and asks for what the new vale would be after the next 3 years with a discount rate of 8%.
If 1 year=$4000,then 3 years=$12000
100%-8%=92% (this happens because there is still a remaining amount that still has a cost to it),so 12000*92%=$11040
Completing the square follows the principle of taking

and converting it into

where d is the 'correctional number' as I like to call it - i.e. the number that converts the expanded bracket into the +c, since the expanded bracket will give us

.
In this case, 2/2=1 so we have the first part:

.
Expanding this gives us

. We need c to be 9, so we can just add 8.
Putting this together:

Now we can solve it more easily.
Rearranging:
Answer:
70
Step-by-step explanation: