Answer: $13,846.02
Step-by-step explanation:
The car cost $29,750 when it was first bought.
It will then depreciate at a rate of 12% per year. This means that the value of the car reduces by 12% per year.
To find the value of the car in the 6th year, you can use the compound interest formula:
= Value of car * ( 1 - rate) ^ no. of years
= 29,750 * ( 1 - 12%)⁶
= 13,816.021581824
= $13,846.02
Answer:
123 456lcm divison method
Answer:
s = 1.35 (See explanation!)
Step-by-step explanation:
To write an equation, you need to know that all four sides of a square are equal. Since each side is equal, it can be represented by the same variable or value. I'll use s for the variable:
Equation:
4s = 5.4
Note: the 4s is the total perimeter (4 * side)
Now, solve:
4s = 5.4
Divide by four to isolate the s:
4s/4 = 5.4/4
Finally:
s = 1.35