My maths is so bad. I gueyI just proves your point 😂.

From a 100 start what would be the result of a 10% decrees every year over 12 years?

If you start with 100 and reduce it by 10% each year for 12 years, the result would be:

Year 1: 100 * (1 - 0.1) = 90

Year 2: 90 * (1 - 0.1) = 81

Year 3: 81 * (1 - 0.1) = 72.9

Year 4: 72.9 * (1 - 0.1) = 65.49

Year 5: 65.49 * (1 - 0.1) = 58.6449

Year 6: 58.6449 * (1 - 0.1) = 52.61809

Year 7: 52.61809 * (1 - 0.1) = 47.355689

Year 8: 47.355689 * (1 - 0.1) = 42.8234689

Year 9: 42.8234689 * (1 - 0.1) = 38.54523369

Year 10: 38.54523369 * (1 - 0.1) = 34.794183569

Year 11: 34.794183569 * (1 - 0.1) = 31.5099186569

Year 12: 31.5099186569 * (1 - 0.1) = 28.35519256689

After 12 years, the result would be approximately 28.36. IQ

There, I just fact checked myself.