The cost of a cd after 6 year is =$ 15.12
Step-by-step explanation:
The present cost of the cd is $11.95 and inflation rate 4%
P = $11.95 , r = 4% and n = 6 years
The cost of a cd after 6 year is =
=$ 
=$ 15.12
Just multiply the sum of the numbers then divide
834 ➗ 2 =417. I hope I helped :)
If x orignial price than 60/100*x=80/100*(x-40) and selling price =60/100*x=96