Since it is depreciation, the equation would be
500(0.7)^5
500 being starting price, 0.7 being price after 30% is taken off, and 5 being number of years
the worth would be $84.04 in five years
Answer:
No
Step-by-step explanation:750+200=950 +75=1025 +100=1125 +500=1625
Answer:
121
Step-by-step explanation:
3% of 100 = 3
18% of 100 = 18
100+3+18=121
0.54 I think I’m pretty sure it is tho
Answer: 371697
Step-by-step explanation:
For continuously compounded values, we use the formula Pe^rt, or Pert. P is our principal/initial value, 230000. e is the constant e, r is our rate, 4% or .04, t is our time, 12. So, 230000*e^(.04*12)=371697.112504, rounding down, 371697.
