document.write( "Question 1017911: A $10,500 investment has a 15% loss each year. Determine the value of the investment after
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document.write( "each of the following.
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document.write( "a. 1yr b.2yr c.4yr d.10yr \n" );
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Algebra.Com's Answer #634125 by Cromlix(4381) You can put this solution on YOUR website! Hi there, \n" ); document.write( "100% - 15% = 85% \n" ); document.write( "85% = 85/100 = 0.85 \n" ); document.write( "a) $10,500 x 0.85 = $8925 \n" ); document.write( "b) $10500 x 0.85^2 = $7586.25 \n" ); document.write( "c) $10500 x 0.85^4 = $5481.07 (2 decimal places) \n" ); document.write( "d) $10500 x 0.85^10 = $2067.18 (2 decimal places) \n" ); document.write( "Hope this helps :-) \n" ); document.write( " |