The yearly profits of a company is $25,000. The profits have been decreasing by 6% per year. a. What is the initial value? $

b. What is the decay factor?

c. What will be the profits in 8 years? Round your answer to the nearest dollar

Atown recently dismissed 5 employees in order to meet their new budget reductions. the town had 5 employees over 50 years of age and 19 under 50. if the dismissed employees were selected at random, what is the probability that exactly 2 employees were over 50? express your answer as a fraction or a decimal number rounded to four decimal places.