Answer: $965
Step-by-step explanation:
The used car is priced at $2,695.
If you borrow the money for the car, your payments will be $122 a month for 30 months. This means that the total amount of money that you would have paid at the end of 30 months at a rate of $122 per month is the amount paid per month multiplied by the total number of months. It becomes
Total payment = 122×30 = $3660
This means that you ended up paying higher than you would have paid if you paid cash.
Amount that you would have saved = amount paid over 30 months - cost of the car
Amount that you would have saved
= 3660 - 2695 = $965
Answer:
8 inches
Step-by-step explanation:
4/5 * 10/1 = 40/5 = 8inches
Answer:
y = -2
Step-by-step explanation:
<u>SOLUTION :-</u>
Solve the equation.
- Add 8 to both sides in order to isolate the equation.


∴ y = -2
<u>VERIFICATION :-</u>
To verify the solution of y , just put the solution (y = -2) in place of y in equation and check whether L.H.S = R.H.S.
L.H.S :-
-2 - 8 = <u>-10</u>
R.H.S. :-
<u>-10</u> (already given)
⇒L.H.S. = R.H.S. (verified)
The value of a car after 10 years be $20898.27 if the car rental company assumes each car in their fleet depreciates by 6% per year option (a) $20898.27 is correct.
<h3>What is an exponential function?</h3>
It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent 
where a is a constant and a>1
We can solve this problem by exponential function:
The word depreciate means the price is decreasing.
We can find the value be when the car is 10 years old:
p = 38800(1 - 0.06)¹⁰
p = 38800(0.94)¹⁰
p = 20898.266 ≈ $20898.27
Thus, the value of a car after 10 years be $20898.27 if the car rental company assumes each car in their fleet depreciates by 6% per year option (a) $20898.27 is correct.
Learn more about the exponential function here:
brainly.com/question/11487261
#SPJ1