n2ilizahowaynaiulie n2ilizahowaynaiulie
  • 24-11-2016
  • Mathematics
contestada

An investment decreases by 2% per year for 3 years. By what total percent does it decrease after the 3 years?
Overall it decreases by

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OtherWoldly
OtherWoldly OtherWoldly
  • 24-11-2016
it decreased 6% during the 3 years soo
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andriansp andriansp
  • 27-11-2016
overall decreases start from year 1

100% - 2% Year 1
98% / 100 * 98, year 2
(98% / 100 * 98) / 100 * 98%, year 3.

hope this help
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