Answer:
F = $11,421.90
Final value after 5 years F = $11,421.90
Complete question;
You purchased a vehicle for $32,000. It's value will depreciate at a rate of 18.62%. What will it's value be in 5 years, when you finally have it paid off
Step-by-step explanation:
Given;
Initial value P = $32,000
Depreciation rate r = 18.62% = 0.1862
Time t = 5
Final value = F
Using the compound depreciation formula;
F = P(1 - r)^t
Substituting the values;
F = $32,000(1 - 0.1862)^5
F = $11,421.90
Final value F = $11,421.90
Probability is the chance of an event occuring. It is obtained by the formula number of outcomes / total number of possible outcomes.
The probability of a blue jay being the next bird papa sees is given by number of blue jays / total number of birds = 59 / (59 + 68 + 12 + 1) = 59 / 140 = 0.4214
Answer:
56
Step-by-step explanation:
Divide 280 by 4/5 and get 14 then multiply by 4 and get 56
Answer:
196 tickets
Step-by-step explanation:
The total expenses to put on a 3-day production of a play is $980. Each ticket to go and watch the play is going to be sold for $5. The producer sells x number of tickets, x number of tickets would cost 5x. Therefore to find the number of tickets the producer must sell so as to make a profit the money generated from selling the tickets must be more than the cost of production. Therefore we use the formula:
5x ≥ 980
Dividing through by 5:
x ≥ 980
x ≥ 980/5
x ≥ 196
Therefore the producer must sell at least 196 tickets so as to make a profit
