1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Viktor [21]
3 years ago
8

A new car is purchased for 24600 dollars. The value of the car depreciates at 13.75% per year. What will the value of the car be

, to the nearest cent, after 15 years?
Mathematics
1 answer:
liraira [26]3 years ago
7 0

Answer:

The value will be $1,411.20

Step-by-step explanation:

What we do here is to set up an exponential equation to calculate the value.

Mathematically it will look like this;

V = I(1-r)^n

where V is the future value

I is the initial amount = 24,600

r is rate of decrease = 13.75% = 13.75/100 = 0.1375

n is the number of years = 15 years

substituting these values, we have

V = 24,600(1-0.1375)^15

V = 24600(0.8625)^15

V = 1,411.165582454129

= $1,411.20

You might be interested in
7500 dollars is placed in an account with an annual interest rate of 7.75%. To the nearest year, how long will it take for the a
MakcuM [25]

Answer:

It will take 55 years for the account value to reach 38200 dollars

Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

E = P*I*t

In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.

After t years, the total amount of money is:

T = E + P.

In this problem, we ahve that:

T = 38200, P = 7500, I = 0.075

So

First we find how much we have to earn in interest.

38200 = E + 7500.

E = 38200 - 7500

E = 30700

How much time to earn this interest?

E = P*I*t

30700 = 7500*0.075*t

t = \frac{30700}{7500*0.075}

t = 54.6

Rounding up

It will take 55 years for the account value to reach 38200 dollars

5 0
3 years ago
Read 2 more answers
WILL MARK BRAINLEST ! HELP! THANK YOU!
Bond [772]

Answer:

By definition of congruence

Step-by-step explanation:

Triangle ABC is congruent to triangle DBE

7 0
3 years ago
Isolate for x, y = mx + b
zavuch27 [327]

Answer:

x = (y - b)/m

Step-by-step explanation:

Isolate the variable, x. Note the equal sign, what you do to one side, you do to the other. Do the opposite of PEMDAS.

First subtract b from both sides:

y = mx + b

y (-b) = mx + b (-b)

y - b = mx

Next, divide m from both sides:

(y - b)/m = (mx)/m

x = (y - b)/m

x = (y - b)/m is your answer.

~

3 0
2 years ago
Read 2 more answers
On question six find the answer and also explain. On question eight find the answer and also explain. On question nine I already
serious [3.7K]
6. No it is not equilateral because a. All the angles should be congruent (60) and as we can tell, they are not, and b. you should never assume measurements.

8. GF is the longest because the angle for that side (GFH) is smaller than the others, so it means it has a longer side.


Your answer for 9 is wrong. The answer is yes because the largest angle = the largest side.

10. AC because largest angle = largest side

11. Literally the same thing as 9 and 10. Largest angle = largest side
3 0
3 years ago
PLZ HELP 20 POINTS AND CHOOSING BRAINLIEST
kow [346]
The answer is C (301.6)
8 0
2 years ago
Other questions:
  • A person walks 1/4 mile in 1/8 hour what is there miles per hour
    13·1 answer
  • 2 5/16 divided into 7/8 equals what
    7·1 answer
  • 4. A die is rolled, what is the probability that number is :<br>a. Odd ?<br>b. Even ?<br>​
    12·1 answer
  • A function of the form f(x) = ab is modified so that the b value remains the same but the a value is increased by 2
    15·1 answer
  • Model and solve 2÷2/3
    12·2 answers
  • Jonathan bought 6 cans of paint and 2/3 of a pint of special paint additive formulated to reduce mildew. Before painting his hou
    15·1 answer
  • XY is formed by X(-9,-7) and Y (-3,5 is line j is the perpendicular bisector of XY
    13·1 answer
  • 3/4 divided by 6/7<br> Please help me
    10·1 answer
  • The cost of one large pizza at your favorite pizza place is $15.99. The pizza place offers 21 different toppings. Each additiona
    13·1 answer
  • [\;p[\[p;[k\k\[pppppp
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!