A wealthy couple decided to start spending their fortune and spent half of what they had every 3 years. If they started with $20 million, how much would be left after 10 years?
1 Answer
Mar 15, 2016
$2083333
Explanation:
Unit of time is 3 years. Answer $
= $2083333
Multiplication by ( 1 - 0.5/3) is for the period 1 year, after 3 3-year units.