1 + {[(1 * 0.5) x 12] x 3}
1 + {[0.5 x 12] x 3}
1 + {6 x 3}
1 + 18
19
I'm not sure if that's a 1.000 or 1,000 so:
1,000 + {[(1,000 * .5) x 12] x 3}
1,000 + {[500 x 12] x 3}
1,000 + {6,000 x 3}
1,000 + 18,000
19,000
Is this the image? If so, sorry I can't do this lol
Answer:
1) 1/10
2) 1/2
3) 1/5
Step-by-step explanation:
1)
1 favorable outcome and 10 total outcomes.

2)
5 favorable outcomes and 10 total outcomes

3)
2 favorable outcomes and 10 total outcomes

So it decreases by 11% which means by the next year it's worth 89% of the original price, write 89% like a decimal. then put it to the power of 4 (4 years) and multiply by the original number
.89 ^ 4 * 12250 = 7685.92