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An investment of $8200 loses value at a rate of 2% per year; 7 years. (growth and decrease.)

An investment of $8200 loses value at a rate of 2% per year; 7 years. (growth and decrease.)
asked 70.0k views
5 votes
An investment of $8200 loses value at a rate of 2% per year; 7 years.
(growth and decrease.)

asked
User Bkr
by
7.7k points

1 Answer

6 votes

Answer:

$7118.629372623104

Explanation:

$8200 × 0.98 ^7 {{{ 7 years

/\

takes away 2%

answered
User The Roy
by
8.1k points
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