Answer:
$53.61
Step-by-step explanation:
It looks like the rate of change is supposed to be -2 2/5% = -2.4% per year. That means the "growth factor" is ...
growth factor = 1 + growth rate
growth factor = 1 -2.4% = 1 -0.024 = 0.976
Each year, Charisse's cactus salt and pepper shakers will have their value multiplied by this factor. After 2 years, their value will be ...
($56.28)(0.976)(0.976) = $56.28×0.976^2 ≈ $53.61
The value is projected to be $53.61 in 2 years.
