Dont cheat do it your self
Your 2nd option is the correct answer because 7 goes into both.
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
8.9% is equal to 0.089 because a percent is over a 100. So, you can just multiply the ROI by the investment to get:

Your answer is:
$712.
Answer:C=15
Step-by-step explanation:
Just do math