Answer:
The value will be $3,400 after 3 years
Step-by-step explanation:
Convert the percentage into the cash decrease each year, multiply that by 3 and then subtract $10,000 by the sum.
.22 x 10,000 = 2,200
2,200 x 3 = 6,600
10,000 - 6,600 = 3,400
x=7/2
This statement is true.
