Answer:
Step-by-step explanation: you would do 12 x 3= 36
Answer: the value of the car after 7 years is $11220
Step-by-step explanation:
The formula for determining depreciation is expressed as
A = P(1 - r)^t
Where
A represents the final value of the car after t years.
P represents the present value of the car.
r represents the rate of depreciation
t represents the number of years.
From the information given
P = 35000
r = 15% = 15/100 = 0.15
t = 7 years
Therefore,
A = 35000(1 - 0.15)^7
A = 35000(0.85)^7
A = 11220.198
Rounding up yo the nearest dollar, it becomes $11220
Y = mx + b
m is your slope AKA rate of change
b is the y intercept.
from the graph we can see that the y intercept (b) is 15. (look at the y axis and see what point the line crosses on the y, here it is 15, in-between 10 and 20)
slope is rate of change. to figure this out remember slope = rise over run:

so pick two points. how much does one point rise after the other point you picked? In the graph it rises 1 square so rise = 1
Now looking at the same two points, how far away from each other are they on the x axis? Looking at the graph they are 2 squares away from each other. so run = 2
Now plug these numbers into the rise over run formula:

Now we have everything we need to put into our formula for a line:


For number 16 you should get:

after you do the same steps again yourself
Answer:
D
Step-by-step explanation:
Answer:
11.7647059 % gain
Step-by-step explanation:
To find the gain, take the new amount and subtract the original amount
9500-8500 = 1000
Divide by the original amount
1000/8500=.117647059
Multiply by 100% to get in percent form
11.7647059 % gain