1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pychu [463]
1 year ago
15

The equation V = 16300 (0.94)^t represents the value (in dollars) of a car t years after its purchase. Use this equation to comp

lete the statements below.

Mathematics
1 answer:
Dafna1 [17]1 year ago
5 0

Solution:

Given:

V=16300(0.94)^t

The value of a car after t - years will depreciate.

Hence, the equation given represents the value after depreciation over t-years.

To get the rate, we compare the equation with the depreciation formula.

\begin{gathered} A=P(1-r)^t \\ \text{where;} \\ P\text{ is the original value} \\ r\text{ is the rate} \\ t\text{ is the time } \end{gathered}

Hence,

\begin{gathered} V=16300(0.94)^t \\ A=P(1-r)^t \\  \\ \text{Comparing both equations,} \\ P=16300 \\ 1-r=0.94 \\ 1-0.94=r \\ r=0.06 \\ To\text{ percentage,} \\ r=0.06\times100=6\text{ \%} \\  \\ \text{Hence, } \\ P\text{ is the purchase price} \\ r\text{ is the rate} \end{gathered}

Therefore, the value of this car is decreasing at a rate of 6%. The purchase price of the car was $16,300.

You might be interested in
What type of damage can tornado cause
fomenos
Damage to crop, damage to land, severe damage to buildings
5 0
3 years ago
A circle has a radius of 2 feet. Which is the circumference of the circle?
stich3 [128]

Answer:

4pi

Step-by-step explanation:

Circle circumference = 2*pi*r

2*pi*2

4*pi

4 0
2 years ago
Read 2 more answers
Given g(x)= 10x + 2, find g(2)
nataly862011 [7]

Answer:

22

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
Uhh I need help, yes ik I’m dumb
Soloha48 [4]

Answer:

1\frac{7}{9}

Step-by-step explanation:

1\frac{1}{3} is the same as 4/3 so you'd be multiplying 4/3 x 4/3 so you multiply straight across to get 16/9 when you simplify you are left with 1 7/9

Hope that helps and have a great day!

8 0
3 years ago
A cell phone costs 120 dollars. The price reduced 30% for a sale. How much is the savings
Licemer1 [7]

Answer:

You save 36 dollars.

Step-by-step explanation:

30% of 120 is 36.

You spend $84

5 0
3 years ago
Other questions:
  • Using snythetic divison (2x4 + 4x3 + 2x2 + 8x + 8) ÷ (x + 2).
    14·2 answers
  • The decimal number 0.2 5 is an example of a terminating decimal.<br><br> true false PLEASE ANSWER
    11·2 answers
  • What is the degree of the monomial? 3x^10<br> 10<br> 3<br> 13<br> 30
    5·1 answer
  • What is the period of the function g(x)=2cos(7x+5)+1
    13·2 answers
  • Hurry I’ll mark as brainlist thank youuuu
    15·1 answer
  • Which table of ordered pairs represents a proportional relationship
    5·1 answer
  • 4 2/3 = 5 − 1/3<br> true or false
    13·1 answer
  • In a survey 7 out of 8 dentists recommend a ProTooth toothbrush. Based on this information, which can the toothbrush company pre
    14·1 answer
  • A camper ties a rope from a tree to the ground to help build a shelter. The rope is 8 feet long, and it is tied 6 feet up the tr
    10·1 answer
  • Ronisha invests $5000 in an account that earns 2.3% annual simple interest. After 3 years, Ronisha invests the interest earned i
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!