The formula for depreciation is:
Value = Starting value x (1 - rate)^time
Using the given values:
Value = 25,000 x (1-0.12)^5
Value = 25,000 x 0.88^5
Value = $13,193.30 (Round the answer as needed)
Answer:
y = 2/3x - 3
Step-by-step explanation:
Step 1: Write equation
2x - 3y = 9
Step 2: Solve for <em>y</em>
- Subtract 2x on both sides: -3y = 9 - 2x
- Divide both sides by -3: y = -3 + 2/3x
- Rewrite: y = 2/3x - 3
Answer: the answer is 14
Step-by-step explanation:
Answer: The required probability is 
Step-by-step explanation:
Since we have given that
Number of people came into Brad's store = 48
Number of them made a purchase = 40
So, the experimental probability that the next person to come into the store will make a purchase would be

Hence, the required probability is 
Answer:
20.7%
Step-by-step explanation:
Amount of stock increased in Company A = 20% of 1790
= 0.20 * 1790 = $ 358
Investor's stock in company A this year = 1790 + 358 = $ 2148
Amount of stock increased in Company B = 22% of 1000
= 0.22 * 1000= $ 220
Investor's stock in company B this year = 1000 + 220 = $ 1220
Total amount in investor's stock account = 2148 + 1220 = $ 3368
Increased amount = 3368 - 2790 = $ 578
Increase percentage =
= 20.71
= 20.7%