Question

how would i do this problem?
Evaluate: 100(1 + 0.08) ^-10

Answer 1

how old r u? r u in 7th grade?

Answer 2

Well here goes:
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 3

thank you vengeance921!
and no torey, im in 11th

Answer 4

Not a problem! :) Which board are you studying in? the British board? or something?

Answer 5

This is actually a repeating decimal answer. The answer is never ending.
46.319348808468448046743799829240562385961382789090406 that is only part of the numbers

Answer 6

That is the reason we keep it upto 2 or 3 decimal places at the maximum.