Answer :
The formula would be
A=p (1-r)^t
P 3400
R 0.02
Since it decreases every 20 years
From 2000 to 2040 it decreases 2 times so
T 2
A=3,400×(1−0.02)^(2)
A=3,265
It's c
A=p (1-r)^t
P 3400
R 0.02
Since it decreases every 20 years
From 2000 to 2040 it decreases 2 times so
T 2
A=3,400×(1−0.02)^(2)
A=3,265
It's c