Answer:
$11040
Step-by-step explanation:
first of all the question says that $4000 were earned in a year and asks for what the new vale would be after the next 3 years with a discount rate of 8%.
If 1 year=$4000,then 3 years=$12000
100%-8%=92% (this happens because there is still a remaining amount that still has a cost to it),so 12000*92%=$11040
Answer:
D
Step-by-step explanation:
4 people = 15 days
1 people = 15/4 = 3.75
so, 6 people = 3.75 × 6
= 22.5
all u are doing is adding them up
Interest = p times R times T