1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AfilCa [17]
2 years ago
12

Dylan purchased a new car in 1993 for $26,300. The value of the car has been depreciating exponentially at a constant rate. If t

he value of the car was $2,700 in the year 2001, then what would be the predicted value of the car in the year 2006, to the nearest dollar?
Mathematics
1 answer:
emmainna [20.7K]2 years ago
8 0

The predicted value of the car in the year 2006 to the nearest dollar would be  $651.

<h3>What is the predicted value of the car?</h3>

The first step is to determine the rate of depreciation

g = (FV/PV)^(1/n) - 1

Where:

FV = value of the car in 2001

PV = value of the car in 1993

n = number ofyears = 8

(2700/26,300)^(1/8) - 1  = -24.76%

Now determine the value of the car in 2006

2700x ( 1 - 0.2476)^5 = $651

To learn more about depreciation, please check: brainly.com/question/25552427

You might be interested in
Hara asked 5 more Friends to choose their favorite flavor. 3 friends chose berry and 2 friends chose lime. Do more friends like
lianna [129]

Answer:

Step-by-step explanation:they are even

5 0
3 years ago
Ana vende productos de limpieza .Por cada $100 que venda le dan de comisión $30 .¿Cuánto ganará si vende $600?
Ulleksa [173]

Answer:

$180

Step-by-step explanation:

$600/$100 = 6

$600 es 6 veces $100.

Por vender $600 gana 6 veces mas que por vender $100.

6 * $30 = $180

Respuesta: $180

8 0
3 years ago
manuel deposits $10000 for 12 yr in an account paying 4% compounded annually.He then puts this total amount on deposit in anothe
Naddik [55]
\bf ~~~~~~ \textit{Compound Interest Earned Amount}&#10;\\\\&#10;A=P\left(1+\frac{r}{n}\right)^{nt}&#10;\quad &#10;\begin{cases}&#10;A=\textit{accumulated amount}\\&#10;P=\textit{original amount deposited}\to &\$10000\\&#10;r=rate\to 4\%\to \frac{4}{100}\to &0.04\\&#10;n=&#10;\begin{array}{llll}&#10;\textit{times it compounds per year}\\&#10;\textit{annually, thus once}&#10;\end{array}\to &1\\&#10;t=years\to &12&#10;\end{cases}&#10;\\\\\\&#10;A=10000\left(1+\frac{0.04}{1}\right)^{1\cdot 12}\implies A=1000(1.04)^{12}\\\\\\ A\approx 16010.32

he then turns around and grabs that money and sticks it for another 9 years,

\bf ~~~~~~ \textit{Compound Interest Earned Amount}&#10;\\\\&#10;A=P\left(1+\frac{r}{n}\right)^{nt}&#10;~~&#10;\begin{cases}&#10;A=\textit{accumulated amount}\\&#10;P=\textit{original amount deposited}\to &\$16010.32\\&#10;r=rate\to 5\%\to \frac{5}{100}\to &0.05\\&#10;n=&#10;\begin{array}{llll}&#10;\textit{times it compounds per year}\\&#10;\textit{semi-annually, thus twice}&#10;\end{array}\to &2\\&#10;t=years\to &9&#10;\end{cases}&#10;\\\\\\&#10;A=16010.32\left(1+\frac{0.05}{2}\right)^{2\cdot 9}\implies A=16010.32(1.025)^{18}&#10;\\\\\\&#10;A\approx 24970.64

add both amounts, and that's how much is for the whole 21 years.
6 0
4 years ago
A number to the 10th power divided by the same number to the 7th power equals 216
VashaNatasha [74]

Answer: 5

Step-by-step explanation: Let x = the number

x^10 ÷ x^7 = 125

x^3 = 125

x = 5

6 0
3 years ago
Read 2 more answers
Which of the following describes an effective strategy for protecting yourself against identity theft? A. Shredding all importan
givi [52]
The <u>correct answer</u> is:

C) Avoid using unsecured wireless networks.

Explanation:

Using an unsecured wireless network puts your information at risk.  If you use an open network, that means that absolutely anyone within range can access the same network you are on, which opens you up to potential scammers, phishers, etc.  

On the other hand, using a secured network decreases the number of people on the same network as you, since they will have to have the same password to access the network.  This helps prevent your information from falling into the wrong hands.
5 0
4 years ago
Read 2 more answers
Other questions:
  • How do you simplify (-4i)(7i)?
    14·2 answers
  • I just signed up, but it won't let me to login after signing up already and presenting my details
    6·1 answer
  • What is the volume of this <br> Help me please <br> Step by step
    15·1 answer
  • How to write 20,136 in scientific notation
    14·1 answer
  • Help plz:)))I’ll mark u Brainliest
    13·1 answer
  • Ahmed an Art dealer earns 25% commission of the dollar value of the art pieces that he sells at the Gallery. Ahmed earns $10,000
    6·1 answer
  • Between what two integers is the 19−−√.
    9·2 answers
  • PLEASE HELP <br> Solve for x
    5·1 answer
  • As an estimation we are told £3 is €4.
    14·1 answer
  • Right triangle has a shorter leg of 5, a longer leg of 7. What is the length of the hypotenuse? Round to the nearest hundredth.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!