Answer:
$65.63
Step-by-step explanation:
2100(100%-50%)^5
=2100(1-0.5)^5
=2100(0.5)^5
=2100(1/32)
=65.625 (approx. 65.63)
Answer:
$65.63
Step-by-step explanation:
1) y= a (1 - r)^t
2) y = 2100 (1 - .5)^5
3) y = 2100 (.5)^5
4) y = 2100 (0.03125)
5) y = 65.625
6) round it to 65.63