The total cost of the camera is $268.26
A down payment of $12 was paid so he now owes $256.26
Every 6 months Emil has to pay:
256.26 / 6 = 42.71
Therefore, each moth, Emil has to pay $42.71
Answer:
Step-by-step explanation:
It’s the second one for sure
Answer:
This is an Exponential decay
The Exponential decay rate = 35%
Step-by-step explanation:
Looking at that the above question, it is an Exponential decay
The formula for Exponential decay is:
A(t) = Ao (1 - r)^t
In the above question:.
A(t) = 1950 (0.65)^t
r = rate
Hence:
(1 - r) = (0.65)
1 - r = 0.65
r = 1 - 0.65
r = 0.35
Converting to percentage
0.35 × 100
= 35%
Hence, the Exponential decay rate is 35%