anonymous
  • anonymous
Evaluate: 100(1 - 0.02)^10. Round to the nearest tenth.
Mathematics
jamiebookeater
  • jamiebookeater
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Valpey
  • Valpey
It sounds like you are asking what is 98 percent compounded 10 times.
lgbasallote
  • lgbasallote
...or maybe he's really just asking 100(1 - 0.02)^10. rounded to the nearest tenth
anonymous
  • anonymous
??

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Valpey
  • Valpey
(1-0.02) = 0.98 or 98 percent. 98 percent compounded twice is 0.98 * 0.98 = 0.9604 or 96%. 98% compounded 10 times or (0.98)^10 is 0.817 or 81.7%

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