Last question needed for mastery please help thank you!

1 answer:

5 0

A= P(1+r)^t, where P= initial value, r= interest rate in %, and t = number of years.
However, if there isa decrease in value, the formula becomes:

A= P(1-r)^t and in our case :

A = 30,000(1- 0.24)^t OR A = 30,000(0.76)^t

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