Answer :
it will loose 16% every year
an easy ways is to do this
percetn meanns parets out of 100 so
16%=16/100=0.16
100-16=84 so
it will be worth 20,500 times 0.84 times 0.84 times 0.84 times 0.84 times 0.84 times 0.84 after six years=7201.61 which is rounded up to 7202
the answer is B 7202
an easy ways is to do this
percetn meanns parets out of 100 so
16%=16/100=0.16
100-16=84 so
it will be worth 20,500 times 0.84 times 0.84 times 0.84 times 0.84 times 0.84 times 0.84 after six years=7201.61 which is rounded up to 7202
the answer is B 7202