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Evaluate: 100(1 + 0.08) ^-10 Round to the nearest hundreth.

Evaluate: 100(1 + 0.08) ^-10 Round to the nearest hundreth.
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4 votes
Evaluate: 100(1 + 0.08) ^-10

Round to the nearest hundreth.

User Jesse Kinsman
by
8.5k points

2 Answers

2 votes
100(1+0.08)^-10
Or, 100(1.08)^-10
So, 100/(1.08)^10
Using calculator,
We get, 100/2.15
And finally, 46.511 is our answer
User Eric Weilnau
by
8.2k points
4 votes
The think the answer is 46.32.
User Runnerpaul
by
8.3k points
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