Research the financial crisis in Greece and summarize it in one-two paragraphs. Note: Paragraphs consists of three complete sentences. This is an academic assignment where you need to use proper grammar (i.e., capitalization, punctuation, and no abbreviations

I already wrote my paragraph can you help with my math calculations

b) You are in charge. By what percentage will you tell Greece to cut their spending? What is the decay factor? b= 0.965******

c) Write a function modeling this debt situation if the initial debt in 2009 was $500 billion and using the decay factor you chose in (b). Let y be measured in billions of dollar and x represent the number of years since 2009.
y= 500⋅(0.965)x ====

d) When will Greece be debt-free if you are in charge? Should you reconsider your answer to (b)? y=$465.6125 billion***

Are my answers correct?

1 answer

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