Help Please? I just need the formula to solve this
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OpenStudy (anonymous):
A certain forest covers an area of 4800km^2. Suppose that each year this area decreases by 3.5%. What will the area be after 8 years?
Use the calculator provided and round your answer to the nearest square kilometer.
OpenStudy (faiqraees):
Same concept of compound interest
OpenStudy (anonymous):
it will take me second to solve but can you check my work when I am done?
OpenStudy (faiqraees):
Sure just tell me the formula you come up with
OpenStudy (faiqraees):
A = Area after 8 years
P = 4800
r = -0.035
n =1
t = 8
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OpenStudy (faiqraees):
Can you remake the formula and if something remained unclear let me know.