Answer:
The appropriate answer is "10,455.29856".
Step-by-step explanation:
According to the question,
The time will be:
⇒ t = [tex]2022-2017[/tex]
⇒ = [tex]5[/tex]
On applying formula, we get
⇒ [tex]f(t)=25000(1-.16)^t[/tex]
On substituting the value of "t", we get
⇒ [tex]f(5)=25000(1-.16)^5[/tex]
⇒ [tex]=25000(0.84)^5[/tex]
On solving the power, we get
⇒ [tex]=25000\times 0.4182119424[/tex]
⇒ [tex]=10,455.29856[/tex]
