Answer:
the answer is d because it's reflects
I'm sorry but what's the full question?
After 1 year it is worth 108% of its original value
108% = 1.08
so 1.08 x 1000 = $1080
After 2nd year it is worth 92% of that $1080
92% = 0.92
so 0.92 x 1080 = $993.60
My answer would be c. hope this helps.
