Evaluate<span> the series by expanding the summation, then adding all of the values. 154 would be the answer.</span>
Answer:
$18360
Step-by-step explanation:
Since, the value decreased by 40%, the price is (100-40)% of 34000
= 60% of 34000
= 60/100 * 34000
= 60 * 340
= 20400 --- (Price after first year)
Since, the value decreased by 10%, the price (100-10)% of 20400
= 90% of 20400
= 90/100 * 20400
= 90 * 204
= $18360
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Yes. 10/4=2.5 and 15/6=2.5 as well