Answer:
With the compound interest calculator, you can accurately predict how profitable ... The total compound interest is $3,926.8. ... Note that in the case where you make a deposit into a bank (e.g., put money in your savings account), you have, ... You invest $10,000 for 10 years at the annual interest rate of 5%.
Step-by-step explanation:
Answer:
The car will depreciate at a rate of 21.14% per year.
Step-by-step explanation:
Given that the value of a car will “depreciate” over time, and, for example, a car that was worth $ 24,000 when it was new, is being sold for $ 13,500 three years later, to determine the annual depreciation rate on this car the following calculation must be performed:
13,500 x (1 + X) ^ 1x3 = 24,000
13,500 x (1 + 0.2114) ^ 3 = 24,000
X = 21.14%
Therefore, the car will depreciate at a rate of 21.14% per year.
We need to write the given statement in math terms:
y increased by 4
Recall that increased means that we are adding 4 to the previous number.
Then the mathematical expression is:
y + 4
The quantity y has been increased by 4 units.
