Which expression is equivalent to
1 answer:
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Answer: A. The value of his investment decreased by 16% during this time period.
Step-by-step explanation:
Here the initial amount = n
Final amount after 1 years = 0.84n
The total change in the initial amount = n - 0.84n = 0.16 n
=
Thus, the amount is decreases by 16% in one year,
⇒ Option A is correct.