Try this: Principal times (1+interest rate as a decimal fraction)^(number of yrs)
In this case, Principal = $28,000; interest rate = -0.25; # of years = 1
So Decrease in value = $28,000 (0.75)^1 = $21,000.
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Answer:
(a) 0.932
(b) 0.0653
(c) 0.032
(d) 0.316
(e) 0.251
Step-by-step explanation:
From the table with mean parameter μ = 5, we can compute the following cumulative and density probability
(a)
(cumulative)
(b) P(X = 8) = 0.0653 (density)
(c)
(cumulative)
(d)
(cumulative)
(e) 
Use socratic to find your answer! :)