Answer:
<em>The car will worth $15815 after 5 years.</em>
Step-by-step explanation:
The formula is: 
, where P = Initial cost, A = Final cost, r = Rate of change in cost per year and t = Number of years.
Here, 
and 
As here the <u>value of the car depreciates every year, so we need to plug the value of 
as negative</u>. So, 
Now plugging the above values into the formula, we will get.....
<em>(Rounded to the nearest dollar)</em>
So, the car will worth $15815 after 5 years.
Answer:
quadrant 2
Step-by-step explanation:
Events are mutually exclusive only if they cannot both be true.
Only C is alright.
4 is a multiple of two so it can't be right.
Same logic works for B.
And then 2 is prime so then D is out too.
Answer:
C. $824.74, $175.26
Step-by-step explanation:
1) Amount Credited
The formula to calculate the amount credited =
Amount paid ÷ ( 100% - Discount)
Discount is given in the question as 3/10
Where 3 = Discount rate
Amount paid = $800
Amount credited = 800/( 100% - 3%)
= 800/ 97%
= 800/ 0.97
= $824.74
b) Outstanding balance = Invoice - Amount credited
Invoice = $1000
Amount credited = $824.74
Outstanding balance = $1000 - $824.74
= $175.26
