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Travka [436]
2 years ago
11

You buy a car for $25,000. It depreciates at the rate of 23% per year.

Mathematics
1 answer:
Juliette [100K]2 years ago
7 0

The worth of the car in 10 years is $1,831.67 using an exponential equation approach.

What is an exponential equation?

An exponential equation is the one with exponents such X^3(the 3 is the exponent)

The exponential equation required here is the one where the future value would be lower than current value because the car reduces in value year-in-year-out.

FV=PV*(1-r)^N

FV=future worth of the car

PV=today's value=$25,000

r=depreciation rate=-23%

N=number of years=10

The fact that r is negative means the car is depreciating not appreciating.

FV=$25,000*(1-23%)^10

FV=$1,831.67

Find further explanation on exponential equation below in the link:

brainly.com/question/11832081

#SPJ1

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tensa zangetsu [6.8K]

Answer:

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v(x)= 0.9

Step-by-step explanation:

The first step is to define the random variable x as:

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Then x can be take this values:

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p = 0.1 and  n=10

And the mean or the expected value of x is:

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Then μ = 10*0.1 = 1

And the variance of x is:

V(x) = np(1-p)

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2 years ago
PLEASE HELP! GIVING BRAINLIEST! DUE SOON PLEASE HELP!
Mrrafil [7]

Answer:

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Step-by-step explanation:

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Please give brainliest. I am working hard to get it.

7 0
2 years ago
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Maurinko [17]
This question is impossible to solve.

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4 0
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not enogh information how many did they start with... take the number of fruits they started with(lets just say the number of frits is :z) then take 7+3= 10

so youll need to

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hop this helps!

7 0
2 years ago
A popular chain of superstores made 3.0479×108 dollars in profit last year. One particular store in the chain made 2.102×106 dol
ollegr [7]
This is a simple exercise with rates.
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[3.0479×10⁸ dollars] ÷ [2.102×10⁶ dollars] = 1,45 x 10²





7 0
3 years ago
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