Answer:
Im Guessing 320?
Step-by-step explanation:
Just a reasonable guess. Sorry if wrong.
Essentially, 50% of $10.56 is $5.28.
This means that all we have to do is add $10.56 to $5.28, making <u>$15.84</u>
Side note: Another way that you can do this is by simply doing 1.5(10.56).
This is an equation of exponential decay
y(t) = a b^ t where a is the initial amount
b is the decay factor
t is the time in years
b is found by taking 1 and subtracting the percent it decreases in decimal form
Letting t =4
y(t) = 260 million * ( 1- .011) ^ 4
=248.7473796 million
=24874737.96
Rounding to a whole number
= 24874738
