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OpenStudy (anonymous):
A certain forest covers an area of 4200km2. Suppose that each year this area decreases by 5.5%. What will the area be after 12 years?
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OpenStudy (campbell_st):
are you working on sequences and series...?
OpenStudy (anonymous):
idk @campbell_st
OpenStudy (campbell_st):
ok... makes it hard to explain, if you don't know.
do you know how to use the compound interest formula..?
OpenStudy (anonymous):
yes but i need it to decrease and idk how to do that one @campbell_st
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OpenStudy (campbell_st):
ok... so the compound interest formula can be converted to a depreciation formula by changing the sign inside the brackets from + to -
OpenStudy (campbell_st):
the formula I know is
\[A = P(1 + \frac{r}{100})^n\]
you can use
\[A = P(1 - \frac{r}{100})^n\]
OpenStudy (campbell_st):
r = 5.5 P = 4200 and n = 12
hope it helps
OpenStudy (anonymous):
thank you i will try it @campbell_st
OpenStudy (anonymous):
i cant get it right @campbell_st
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OpenStudy (campbell_st):
why, what do you get as an answer..?
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