An investment of $8200 loses value at a rate of 2% per year; 7 years. (growth and decrease.)

asked Mar 16, 2021 70.0k views

5 votes

An investment of $8200 loses value at a rate of 2% per year; 7 years.
(growth and decrease.)

by Bkr

3.0k points

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6 votes

Answer:

$7118.629372623104

Explanation:

$8200 × 0.98 ^7 {{{ 7 years

takes away 2%

The Roy answered Mar 21, 2021

3.4k points

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