If they are decreasing at 3% , net = 100% - 3% = 97%
Reduction rate = 97% = 0.97
After 1st year = 1200*0.97
After 2nd year = 1200*(0.97)*(0.97) = 1200*(0.97)²
After 3rd year = 1200*(0.97)*(0.97)*(0.97) = 1200*(0.97)³
After x years, = 1200(0.97)ˣ
Therefore, function f(x) = <span>1200(0.97)ˣ</span>
Answer:
47
Step-by-step explanation:
angle tsq and angle wvs are corresponding angles meaning that they are the same angle.
9514 1404 393
Answer:
$55,811.91
Step-by-step explanation:
The amount with interest is given by the formula ...
A = P(1 +r)^t
where r is the annual interest rate and t is the number of years.
A = $25000(1.055^15) ≈ $55,811.91
The amount due at the end of 15 years will be $55,811.91.
Answer:
x= -3.75
Step-by-step explanation: