Answer:
f(t)=250(1-0.12)^t
or
f(t)=250(0.88)^t
Step-by-step explanation:
Use the formula f(t)=P(1+b)^t
Plug in the information.
f(t)=250(1-0.12)^t
or
f(t)=250(0.88)^t
The only thing I did in the second equation is I subtract 0.12 from 1.
Hope this helps!
