♫ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ♫
➷ final = original x multiplier^n
n is the number of years
First, determine the multiplier:
5% decrease ==> 0.95
Substitute the values into the equation:
final = 10,000 x 0.95^5
Solve:
final = 7737.809375
The answer is $7737.81
✽
➶ Hope This Helps You!
➶ Good Luck (:
➶ Have A Great Day ^-^
↬ ʜᴀɴɴᴀʜ ♡
