Answer:
y = -3
Step-by-step explanation:
Answer:
$9,220,000(0.888)^t
Step-by-step explanation:
Model this using the following formula:
Value = (Present Value)*(1 - rate of decay)^(number of years)
Here, Value after t years = $9,220,000(1 -0.112)^t
Value after t years = $9,220,000(0.888)^t
You are correct. The answer is x=55.
I had this same question before on a test and got it right! good luck!
Answer:
Step-by-step explanation:
See attached worksheet