KatCoda
KatCoda KatCoda
  • 26-02-2017
  • Mathematics
contestada

Evaluate: 100(1 + 0.08) ^-10

Round to the nearest hundreth.

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autumncook1130
autumncook1130 autumncook1130
  • 26-02-2017
The think the answer is 46.32. 
Answer Link
Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 26-02-2017
100(1+0.08)^-10
Or, 100(1.08)^-10
So, 100/(1.08)^10
Using calculator,
We get, 100/2.15
And finally, 46.511 is our answer
Answer Link

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