Answer:
0.08
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Answer:
5000 X (0.96)^n
$3607
Step-by-step explanation:
Profit decreases at a rate of 6% per year = 100 - 6 = 96%
In year 1, profit would be = 5000 x 0.96 = 4800
In year 2 = 5000 x 0.96^2 =
5000 X (0.96)^n
5000 X (0.96)^8 = $3607
Answer:
750
Step-by-step explanation:
Are / ?
Fraction?
