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)
Answer:
Use the formula change in y divided by change in x to get your answer
The answer is 30/50 look below:
KCF keep change flip
so keep the first one the way it is
change the sign to multiplication from division
filp the 2nd fraction into a improper fraction
than multiply
so...
3*10=30
10*5=50
so...
your answer is 30/50 or 3/5 that is in simplest form
Hope this helped
