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[sguar450]

Rental costs for office space have been going up at 3.2% compounded annually for the past 8 years.
If office space rent is now $26.00 per square foot per month, what were the rental rates 8 years ago?

 

[tkhunny]

Rental costs for office space have been going up at 3.2% compounded annually for the past 8 years.
If office space rent is now $26.00 per square foot per month, what were the rental rates 8 years ago?

You cannot be struggling with this. You will fail if these easy ones are vexing you.

This year: 26.00
Last Year: 26.00 / 1.032
Two years Ago: 26.00 / 1.032^2

and such like.

Show us what you get.