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
Have to find measure of angle A!! Please help ASAP, I need to show my work!!
klasskru [66]

Answer:

Step-by-step explanation:

6 0
3 years ago
A store is having a 20%-off sale on all merchandise.
lyudmila [28]
This is easy . There is a 20 percent discount which means now it’s only (100-20%) discount.
This is 80% discount.
Money saved is equal to 100-80%
=20%
And that 20% is equal to 13$ as per the passage.
So now we need to calculate 1 percent of the item without discount .
This is equal to 13/20
This is equal to .65
Now to find the original price you will need to multiply .65 to 100 this is equal to 65$.
5 0
3 years ago
What is the interest earned on $3000 at a rate of 0.04 for three years? The formula is interest equals (principal) (rate) (time)
bekas [8.4K]

<u>Answer:</u>

The interest after 3 years is $360

<u>Explanation:</u>

Given the principal amount (P) = $3000

Rate of interest (R) = 0.04

Time period (T) is given as 3 years

The Simple Interest is calculated by the formula;

SI = Principal \times Rate of Interest \times Time

Substituting the values in the above formula,

SI = 3000 \times 0.04 \times 3

SI = $360

Therefore, the interest after 3 years is $360

5 0
3 years ago
Help<br> I dont know the answer im not very smart
Dahasolnce [82]
The domain of G is 4 and the range of G is 9 (domain=x, range=y :))
8 0
2 years ago
PLZ HELP ILL GIVE BRAINLIEST I HAVE AN F IN MATH
kumpel [21]

the answer is 144,36,9

5 0
3 years ago
Other questions:
  • If the table of the function contains exactly two potential turning points, one with an input value of –1, which statement best
    9·2 answers
  • How much does 1/2 cup of epsom salts weight?
    7·1 answer
  • 1/2x+3=2/3x+1<br>what's the answer​
    13·1 answer
  • ∠A and ∠B form linear pair. If m∠A =(6x-19)° and m∠B=(11x-22)°, find m∠B.
    12·1 answer
  • THE PICTURE Is Up THERE PLEASE HELP ME WTHH
    11·1 answer
  • Which of the following is equal to 6 - (-5) ?<br> A -11<br> B 1<br> C 11
    8·2 answers
  • here a subtraction problem that has been solved correctly for 68-59=9 but the choices is 9+68=77 68+9=77 9+59=68 which one is th
    7·1 answer
  • Sahira chooses a random sample from the library and records the type of books in the chart below.
    12·1 answer
  • What is the distance between (–5, –2) and (–5, –8)?
    11·2 answers
  • Evaluate the expression, writing the result as a simplified complex number.My answer 3iI know is wrong but I don’t know why.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!