Answered

IDNLearn.com provides a comprehensive platform for finding accurate answers. Ask any question and receive timely, accurate responses from our dedicated community of experts.

Voting in Clarksville's annual school board elections has been going down by 5% from one election to the next. If 440 parents voted this year, how many will vote 3 years from now?

Sagot :

Answer:

377 parents

Step-by-step explanation:

We start by writing an exponential equation

FV = PV(1 - r)^t

FV is future value = ?

PV is present value = 440

r is rate = 5/100 = 0.05

t = 3

Substituting these values

FV = 440(1 - 0.05)^3

FV = 377.245

This is approximately 377

We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Discover the answers you need at IDNLearn.com. Thanks for visiting, and come back soon for more valuable insights.