Question

Write a table out if u have 100 and u lose 5 percent each year for 3 years

Answer 1

[AI-generated answer — Bot GPT 3.5]

Starting with $100 and losing 5% each year for 3 years:

Year | Beginning Balance | Loss (5%) | Ending Balance
------|------------------|-----------|---------------
Year 1 | $100 | $5 | $95
Year 2 | $95 | $4.75 | $90.25
Year 3 | $90.25 | $4.51 | $85.74