scarrizales123 scarrizales123
  • 23-02-2021
  • Mathematics
contestada

Stock valued at $49.50 decreases in value by 12% each year. How much will the stock be worth in 5 years? Round your answer to the nearest penny 2 decimal places. 

f(t)=49.50(1-.12)^t

Respuesta :

irspow
irspow irspow
  • 23-02-2021

Answer:

Step-by-step explanation:

f(5)=49.5(0.88)^5

f(5)=$26.12

Answer Link

Otras preguntas

The cost of 10 oranges is $1.00. What is the cost of 5 dozen oranges?
Las abejas De bronce
Which sentence has an unclear or missing pronoun antecedent? A. Fred wants a 10-speed bicycle for his birthday. B. James called the emergency number, but she
how are convergent boundaries different from divergent boundaries
Which two main characteristics describe weather? Choose all answers that are correct. A. gravity B. temperature C. air pressure D. clouds
how do you complete a Lewis dot diagram
Which describes independent events? A) Selecting two tickets by choosing a raffle ticket at random from a jar and disposing of the first ticket before selecting
Plug in method? I am trying to use the plug in method and I did that but then was not sure how to solve the problem after plugging in numbers.
What's X-y=3 2x+y=12
The chemical formula for water, H2O, means that each water molecule contains