Answer :
Answer: 750,000 * ( 1 - 33.3%) ^ no. of years
Step-by-step explanation:
The compound interest formula can be used for this as it shows the change in an amount as a result of a certain rate.
First find the rate:
-1/3 = -33.3%
Rate is negative because it represents a loss.
Formula:
= Amount * (1 + rate) ^ no. of periods
= 750,000 * ( 1 - 33.3%) ^ no. of years