Answer: Choice B) Investment decreases by 3% each month
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Explanation:
We won't use the value 2500 at all.
The base of the exponential is 0.97
Set this equal to 1+r and solve for r
1+r = 0.97
r = 0.97-1
r = -0.03
The negative r value indicates we have exponential decay, so the value of the investment decreases by 3% each month.
Let's say you had $100 to start off. This would mean the investment would be worth $97 after one month is up.
Answer:
HCF of 60 and 80 is 20.
Step-by-step explanation:
4 consecutive odd integers...
x, x + 2, x + 4, x + 6
(x) + (x + 2) + (x + 4) + (x + 6) = 232
4x + 12 = 232
4x = 232 - 12
4x = 220
x = 220/4
x = 55
x + 2 = 55 + 2 = 57
x + 4 = 55 + 4 = 59
x + 6 = 55 + 6 = 61
so ur numbers are : 55, 57, 59, 61
The discount off is $10, so the price would be 30 dollars