document.write( "Question 1200931: amy makes an initial investment of 5000 the investment loses 13.5% each year find the amount any has at the end of 8 years
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #835174 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "The value loses 13.5% of its value each year; that means the value gets multiplied by 100% - 13.5% = 86.5%, or 0.865, each year. If that happens for 8 years, the value of the original $5000 after 8 years is \n" ); document.write( " \n" ); document.write( "which is $1567.11, rounded to the nearest cent. \n" ); document.write( " \n" ); document.write( " |