This is an equation of exponential decay
y(t) = a b^ t where a is the initial amount
b is the decay factor
t is the time in years
b is found by taking 1 and subtracting the percent it decreases in decimal form
Letting t =4
y(t) = 260 million * ( 1- .011) ^ 4
=248.7473796 million
=24874737.96
Rounding to a whole number
= 24874738
Since he’s already at -15, if he writes a check for 7 then he’s subtracting more from his account.
So, -15-7=-22
Answer: the answer is c^2 / 10
Hope this helps :p
Step-by-step explanation:
The mean would shift to the left because, simply, the average price of the car would go DOWN.