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
Right Triangles and the Pythagorean Theorem
The Pythagorean Theorem, a2+b2=c2, a 2 + b 2 = c 2 , can be used to find the length of any side of a right triangle.
The side opposite the right angle is called the hypotenuse (side c in the figure).
