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anonymous

  • 5 years ago

The Booster Club raised $30,000 for a sports fund. No more money will be placed into the fund. Each year the fund will decrease by 5%. Determine the amount of money, to the nearest cent, that will be left in the sports fund after 4 years.

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  1. amistre64
    • 5 years ago
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    30000(1-.05)^4

  2. anonymous
    • 5 years ago
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    I believe 24,435.1875 is the answer but rounded to the nearest cent its 24,435.19

  3. amistre64
    • 5 years ago
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    yes, that looks good

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