PLEASE HELP IM STRUGGLING IN MATH!! THANK YOU!!!!❤️

Question

asked May 16, 2022 164k views

1 Answer

Janeen · Answer 1 · 2022-05-20T19:48:33+0000

Answer:

$5193.77

Explanation:

You want to figure out what x is.

Since x is the number of years after 1996, you can do 2005 - 1996 = 9 years.

Then, plug x = 9 into the equation:

y = 11,000(0.92)^9

Plug this into a calculator and you get: y = $5193.77