The value of a car after 10 years be $20898.27 if the car rental company assumes each car in their fleet depreciates by 6% per year option (a) $20898.27 is correct.
<h3>What is an exponential function?</h3>
It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent 
where a is a constant and a>1
We can solve this problem by exponential function:
The word depreciate means the price is decreasing.
We can find the value be when the car is 10 years old:
p = 38800(1 - 0.06)¹⁰
p = 38800(0.94)¹⁰
p = 20898.266 ≈ $20898.27
Thus, the value of a car after 10 years be $20898.27 if the car rental company assumes each car in their fleet depreciates by 6% per year option (a) $20898.27 is correct.
Learn more about the exponential function here:
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I will assume you are using compound interest.
<span>let the amount invested be x </span>
<span>x(1.0575)^25 = 85000 </span>
<span>x = 85000/1.0575^25 = $21,009.20</span>
267+21 = 288
288/9 = 32
the answer is 32 people will ride on each bus
Answer:
Step-by-step explanation:
We have to make 5 place serial number with first two as alphabets and last three as digits.
The alphabets are bonded to first 6 ( A, B, C, D, E, F) where as digits are 10 (say 1 to 10).
Let the serial number be S1 S2 S3 S4 S5.
For Alphabets
For S1 we have 6 alphabets.
Now for S2 we are left with 5 alphabets since there is no repetition one alphabet will be fix for S1.
So the possible combination for S1 S2= 6x5=30.
For Digits
We did the same as we did for alphabets, for S3 we have 10 possibilities, and for S4 and S5 9 and 8 respectively due to the no repetition condition.
So the possible combinations for S3 S4 S5 = 10x9x8=720
So the total number of serial numbers are 30+720=750.
