The seventh grade students are having an end-of-year party in the school
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Answer:
The worth of the car after 6 years is £2,134.82
Step-by-step explanation:
The amount at which Dan buys the car, PV = £2200
The rate at which the car depreciates, r = -0.5%
The car's worth, 'FV', in 6 years is given as follows;
Where;
r = The depreciation rate (negative) = -0.5%
FV = The future value of the asset
PV = The present value pf the asset = £2200
n = The number of years (depreciating) = 6
By plugging in the values, we get;
The amount the car will be worth which is its future value, FV after 6 years is FV ≈ £2,134.82 (after rounding to the nearest penny (hundredth))
Explanation:
The function is
To graph the function, let us find the x and y intercepts.
To find x-intercept, let us substitute y=0 in the function
Thus, the x-intercept is
To find the y-intercept, let us substitute x=0, we get,
Thus, the y-intercept is
The graph has no asymptotes.
To plot the points in the graph, we need to substitute the values for x in the function , to find the y-values.
The points are . The image of the graph and table is attached below:
