Answer:
$208804.96
Step-by-step explanation:
$4,000 plus the product of 8% and $2,560,062
answer = $208804.96
Figure
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4/5 of the original amount at the start of the month will remain. The amount at the start of every month will change. Thus:
an = 4/5 (an-1) ; where a1 = 500.
Answer:
So since we have 2^-2 We can do 1/2^2 = 0.25
So if you have y^-x = 1/y^x