Distributing same key numbers
It would be .10 bc they are both decimals
Answer:
$39811.77
Step-by-step explanation:
If we put y as the unit of year, the function will be 50000x0.975^y (100%-2.5% is 97.5%). And so from 2001 to 2010, nine years has passed, so the equation will be 50000x0.975^9 And if you calculate and round the answer to the nearest hundredth (cent), you will find $39811.77.
