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worty [1.4K]
2 years ago
7

Henry bought a classic car in the year 2000. He believes that the value of the car depreciates exponentially at a rate of 4% eac

h year. If the car was originally valued at $70,000, what should Henry expect the value of the car to be in 2012?
Mathematics
1 answer:
ASHA 777 [7]2 years ago
6 0

The value of the car in 2012 is $42,889.68

Depreciation is the decrease in the value of a property. It means that the value of the car would decrease each year.

In order to determine the value of the car after a period of time, use this formula:

FV = P (1 - r)^n

  • FV = value of the car in 2012
  • P = value of the car in 2000 = $70,000  
  • R = rate of depreciation = 4%  
  • N = number of years = 12 years

$70,000 x (1 - 0.04)^12  

$70,000 x (0.96)^12 = $42,889.68

A similar question was solved here: brainly.com/question/11560012

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Mikkel pays a 4 percent state income tax on his earnings. If he earns $1,867, how much state income tax can he expect to pay? $4
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Answer:

$74.68

Step-by-step explanation:

Convert the percent to a decimal.

4% = 0.04

Multiply his income by the percentage to find the tax.

$1,867 × 0.04 = $74.68

He can expect to pay $74.68.

3 0
3 years ago
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Answer:

15.

  x = 40/9 = 4 4/9

  z = 24/5 = 4 4/5

17.

  x = 50

  y ≈ 11.5

Step-by-step explanation:

15. Corresponding segments are proportional:

  top right side / whole right side = x / 8

  5/(5+4) = x/8

  x = 8(5/9) = 40/9

  x = 4 4/9

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  right side bottom / right side top = z / 6

  z = 6(4/5) = 24/5

  z = 4 4/5

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17. The acute angles are complementary:

  x = 90 -40 = 50

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From the Pythagorean theorem:

  y = √(15² -9.6²) = √132.84

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4 0
3 years ago
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Sidana [21]

Answer:

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3 0
3 years ago
If r = 9, b = 5, and g= −6, what does (r + b − g)(b + g) equal?
r-ruslan [8.4K]

Answer:

-20

Step-by-step explanation:

(r + b − g)(b + g)

we have fom statement:

r = 9    

b = 5

g= −6

so we have:

(r + b − g)(b + g)= (9+5-(-6))*(5+(-6))

(r + b − g)(b + g)= (14+6)*(-1)

(r + b − g)(b + g)= -20

8 0
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What is 5/9 as a decimal and percent?
ale4655 [162]
The answer is 0.555556 I really hope this helps!                      
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