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lbvjy [14]
2 years ago
9

A collectible car has been going up in price by 10% each year. if the car is already worth $29,000, how much will the car be

Mathematics
1 answer:
sammy [17]2 years ago
3 0

The worth of the collectible car in five years if its value is going up by 10% every year would be $46,704.79

<h3>What is the worth of the car?</h3>

If the value of the  collectible car is increasing with time, it is said that the  collectible car is appreciating in value.

The formula for calculating future value with appreciation:

FV = P (1 + r)^n

  • FV = Future value
  • P = Present value
  • R = interest rate
  • N = number of years

$29,000(1.1^5) = $46,704.79

To learn more about future value, please check: brainly.com/question/18760477

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Answer:

B

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

The Google calculator will reliably use PEMDAS to evaluate an expression.

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6 0
3 years ago
Question is down below
mr Goodwill [35]
The correct answer would be B.
7 0
4 years ago
Read 2 more answers
Perform the following computations.You may use13≈0.333333,34= 0.75 and100301= 0.332226.(i). Compute13+34by using five significan
White raven [17]

Answer:

a. 1.0833

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Relative Error = 1.250002

b. 0.0011070

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Step-by-step explanation:

Given

1/3 = 0.333333

3/4 = 0.75

100/301 = 0.332226

a.

1/3 + 3/4

= 0.333333 + 0.75

= 1.083333

= 1.0833 ------ Approximated to 5 significant digits

Absolute Error = |Real Value - Estimated Value|

Relative Error = Absolute Error/Real Value

Assume 1/3 to be the real value and 3/4 to be the estimated value

Absolute Error = |0.333333 - 0.75|

Absolute Error = |-0.416667|

Absolute Error = 0.416667

Relative Error = 0.416667/0.333333

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b.

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= 0.333333 - 0.332226

= 0.001107

= 0.0011070 ----- Approximated to 5 significant digits

Assume 1/3 to be real value and 100/301 to be estimated value

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Absolute Error = 0.0011070

Relative Error = 0.0011070/0.333333

Relative Error = 0.003321

Absolute and relative errors are approximation errors and they are due to the discrepancy between an exact value and some approximation to them.

The absolute error is the magnitude of the difference between the exact value and the approximation. The relative error is the absolute error divided by the magnitude of the exact value

4 0
4 years ago
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krek1111 [17]

Answer:

Step-by-step explanation:

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Substituting x in (1) into (2)

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No solutions

6 0
3 years ago
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