+0  
 
0
836
2
avatar+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.)
 

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

Best Answer 

 #2
avatar+216 
+10

Thank you!!!

 Mar 17, 2017
 #1
avatar+18 
+5

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 :)

 Mar 17, 2017
 #2
avatar+216 
+10
Best Answer

Thank you!!!

idenny  Mar 17, 2017

10 Online Users

avatar
avatar
avatar
avatar
avatar
avatar
avatar