Answer:
y = x - 2
Step-by-step explanation:
1. Find the slope - change in y/change in x
= 1
Slope is 1
2. Find y-intercept
y = x + b
Substitute a point (2,0)
0 = 2 + b
b = -2
3. Put the equation together
y = x - 2
The answer appears to be 3.335%
Answer:
108
Step-by-step explanation:
The value of the car after 5 years would be $23914.85
<u>Explanation:</u>
Given:
Worth of the new car = $50,000
Every 5 years the value depreciates by 1/2
i.e., every 5 years the value depreciates by 50%
So, we can say that every year the value depreciates by 10%
The worth of the car after 7 years would be

where,
W is the depreciated value
C is the current value
D is the depreciation rate
t is the time
Substituting the value in the equation we get:

Therefore, the value of the car after 5 years would be $23914.85
Answer:
$2686.27.
Step-by-step explanation:
The formula for the amount of money after compound interest is

where P is the principal, r is the rate, n is the number of times the interest is compounded per year, and t is the number of years. $1500 is the principal amount of money. 6% in decimal form is 0.06 (divided by 100), so the rate is 0.06. The interest is compounded once per year, so n = 1. And it's after 10 years, so t = 10. So now we can substitute:



