Answer:
The value will be $1,411.20
Step-by-step explanation:
What we do here is to set up an exponential equation to calculate the value.
Mathematically it will look like this;
V = I(1-r)^n
where V is the future value
I is the initial amount = 24,600
r is rate of decrease = 13.75% = 13.75/100 = 0.1375
n is the number of years = 15 years
substituting these values, we have
V = 24,600(1-0.1375)^15
V = 24600(0.8625)^15
V = 1,411.165582454129
= $1,411.20
Answer:
35 ft
Step-by-step explanation:
Sorry this took me so long, I am 99% sure it is right though
I hope this helps :)
The answer is C. 71. You add up all the numbers to get 355. and then you divide by the amount of numbers there are. there are 5 numbers so you do 355/5 to get 71.
