Answer:
It decreased by 25%
Step-by-step explanation:
8 x .25=2
8 - 2 = 6
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Use the multiplier 1.055
final = original x multiplier^n
where 'n' is the number of years
Sub the values in
final = 700 x 1.055^7
final = 1018.27
Subtract the values:
1018.27 - 700 = 318.27
Thus, he earns more than $275
He earns $43.27 more
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Well let's see.

The equation has exactly one solution.
Hope this helps.
The greatest common factor of 30, 60, and 75 is 15.
15 x 2 = 30
15 x 4 = 60
15 x 5 = 75