After the first year: 500*0.8
After the second year: 500*0.8^2
After the third year 500*0.8^3
After the fourth year 500*0.8^4
After the fifth year: 500*0.8^5 = 163.84
Answer: $ 164
Answer:
40 months
Step-by-step explanation:
It will take Vanessa 40 months or 3 years and 4 months to repay the bank their loan amount(without interest ofc).
Answer:
Step-by-step explanation:
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