The sum of 3 products...there r 3 terms
Answer:
greater
Step-by-step explanation:
Answer: 5.2
Step-by-step explanation:
3*7 = 21
21/5 = 4.2
Analyzing the given values and the given equation, we have the following:
A = $25,000
r = 0.11
t = 6
The equation has the form:
y = A (1-r)^t
Plugging in the given values into the equation,
y = $25,000 (1 - 0.11)^6
y = $25,000 (0.89)^6
Therefore, the answer is
A. y=25,000(.89)^6
