Experience the power of community-driven knowledge on IDNLearn.com. Join our knowledgeable community to find the answers you need for any topic or issue.
Sagot :
Answer: 750,000 * ( 1 - 33.3%) ^ no. of years
Step-by-step explanation:
The compound interest formula can be used for this as it shows the change in an amount as a result of a certain rate.
First find the rate:
-1/3 = -33.3%
Rate is negative because it represents a loss.
Formula:
= Amount * (1 + rate) ^ no. of periods
= 750,000 * ( 1 - 33.3%) ^ no. of years
We greatly appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.