If it decreases at 4% every year, then its value becomes:
100% - 4% = 96% = 96/100 = 0.96
At the end of the 1 year its value becomes: 150*(0.96)
At the end of the 2 years its value becomes: 150*(0.96)*(0.96) = 150*(0.96)²
At the end of the 3 years its value becomes: 150*(0.96)*(0.96)*(0.96) = 150(0.96)³
So similarly at the end of 12 years, its value becomes 150*(0.96)¹²
=50*(0.96)¹² simplify with calculator.
<span>≈ 91.91
Value at the end of 12 years becomes ≈ $</span><span>91.91
I hope this helps.
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Answer:
13 months
Step-by-step explanation:
1105 divided by 85 is 13
Answer:
Find the explanation below.
Step-by-step explanation:
Statements simply state the theorem that is to be proofed. Formal proof in logical sequence connects the hypotheses to the conclusion reached.
Statements and reasons are important because they help to breakdown a theorem, showing in steps and stages how a conclusion was reached. They provide facts that convince the observer that the theorem is indeed true.
