Answer:
Refer to the solution provided.
Step-by-step explanation:
The "successful" area is half the size of the overall triangle, thus using the concept of similar triangles, the likelihood that the area of triangle XYD does not exceed 12 is 1/4.
The initial value stands at 20,300, decreasing annually by 9.5%.
Given that it decreases by 9.5% each year based on the preceding amount, we can apply an exponential decay model.
A 9.5% reduction means multiplying by 91.5% every year.
We express this mathematically. Plugging in 11 years for t yields.
$7,671.18