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masha68 [24]
4 years ago
12

he original price of a tractor was $45,000. The price of the tractor decreases at a steady rate of 8.3% per year. What is the va

lue of the tractor in 5 years? $_______
Mathematics
1 answer:
Debora [2.8K]4 years ago
5 0
  • Answer:

<em>$29178.25</em>

  • Step-by-step explanation:

<em>x = p(1 - r)ⁿ</em>

<em>p = original price</em>

<em>r = 8.3% = 0.083</em>

<em>n = 5 years</em>

<em>x = $45000(1 - 0.083)⁵</em>

<em>= $45000ₓ0.917⁵</em>

<em>= $45000ₓ0.64840548256</em>

<em>= </em><em>$29178.25</em>

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Step-by-step explanation:

<h3>• C. P = Cost Price.. , S. P (Sell Price) , </h3>

<h3>→ C.P = 100×S.P/100+Profit (when profit) </h3>

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In a survey sample of 83 respondents, the mean number of hours worked per week is 39.04, with a standard deviation of 11.51. Cal
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Standard deviation= 11.51

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