This is exponential decay which can be expressed as:
y=ab^t, y=final value, a=initial value, b=rate, t=time
In this case a=25000, r=(100-20)/100=0.8 so
y=25000(0.8^t), so in 4.5 years...
y=25000(0.8^4.5)
y≈$9158.93 (to nearest cent)
x = 72
Step-by-step explanation:
2/4 = 3/6 is true.
First, simplify the fractions:
2/4 = 1/2
3/6 = 1/2
We see that 1/2 = 1/2, so 2/4 DOES equal 3/6.