Answer:
<u>Equation: V = C * (1 - r)^t</u>
<u>Answer: $ 8,066.37</u>
Step-by-step explanation:
Let's recall that depreciation on a car can be determined by the formula:
V = C * (1 - r)^t , where:
V is the value of the car after t years,
C is the original cost
r is the rate of depreciation
t is the number of years of utilization of the car
Therefore, we have:
V = C * (1-r)^t
V = 15,500 * (1 - 0.07)⁹
V = 8,066.37 (rounding to the next cent)
Answer:
x = 3 and x = -7
Step-by-step explanation:
The given quadratic equation is 
. We need to find the solution of this equation.
If the equation is in the form of 
, then its solutions are given by :
Here, a = 1, b = 4 and c = -21
Plugging all the values in the value of x, such that :
So, the solutions of the quadratic equation are 3 and -7.
Answer:A
Step-by-step explanation:
Answer:
Test statistic = -2.44
There is enough evidence to support the strategist's claim.
Step-by-step explanation:
H0 : p = 0.41
H1 : p < 0.41
pˆ = 0.38
Test statistic :
z=pˆ−p/√p(1−p)/n
Z = (0.38 - 0.41) / √(0.41(1 - 0.41) / 1600
Z = - 0.03 / √0.0001511875
Z = - 0.03 / 0.0122958
Z = - 2.4399
Test statistic = -2.44
The Pvalue :
P(Z < -2.44) = 0.0073436
α - level = 0.02
If Pvalue < α ; Reject H0
0.0073436 < 0.02 ; We reject H0
Since Pvalue < α ; Hence, There is enough evidence to support the strategist's claim.
(a) 1,1 (b) 3,2 (c) 3,2 (d) 1,5
