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Bobby investment of $225,000 loses value at a rate of 3% per year after 10 years round to the nearest whole dollar

Bobby investment of $225,000 loses value at a rate of 3% per year after 10 years round to the nearest whole dollar
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Bobby investment of $225,000 loses value at a rate of 3% per year after 10 years round to the nearest whole dollar

User Zonble
by
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2 Answers

1 vote
You would use the equation 225000(1-0.3)^10
Solve that out and you get 6355.6931 then round to 6355.7
User Mr Haven
by
8.3k points
3 votes

Answer:

Explanation:

5

User Woerndl
by
8.2k points
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