+36 An investment decreases by 12% per year for 5 years.
By what total percent does it decrease?
Round your answer to two decimal places.
+37159 (1 - .12)^5 = .88^5 = 0.5277319168 this is the ending percentage of original 100%
it goes down to the ending percentage
1 - .5277 = -0.5277319168+1 = 0.4722680832 it is down 47.23 %
