I = prt
p = 7430
r = 5%....turn to decimal = 0.05
t = 3
I = (7430)(0.05)(3)
I = 1114.50 <===
Marco rounded the hundredths place since after the decimal it is the tenths then the hundredths then the thousands place
The answer above is correct
Option 4 is twice as big as option 2 those two are the ones similar to each other
Answer:The starting value is 20,300, and the value is decreasing by 9.5% each year.
Because it decreases by 9.5% each year based on the previous amount, we use an exponential decay model.
A decrease by 9.5% corresponds to multiplying by 91.5% each year.
We write . We plug in 11 years for t.
$7,671.18
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Step-by-step explanation:
