Algebra #7

Question

0

878

2

+216

A quantity decreases by 7% for each of 10 years. What is its percentage decrease over the 10-year period? (Round your answer to two decimal places.)

idenny Mar 17, 2017

edited by idenny Mar 17, 2017
edited by idenny Mar 17, 2017
edited by idenny Mar 17, 2017

idenny · Answer 1 · 2017-03-17T10:18:24

Thank you!!!

Danjakima019 · Answer 2 · 2017-03-17T10:14:49

This is how I do it:

(1-0.07)¹⁰= 0.4839823

1-0.4839823 = 0.5160177 = 51.60% to 2 d.p.

Hope that helps :)