All categories

2 years ago

A new car is purchased for 17900 dollars. The value of the car depreciates at 12.25%

Mathematics

1 answer:

kiruha [24]2 years ago

3 0

Answer:

Therefore the value of the car after 10 year will be = $4,845.34

Step-by-step explanation:

A new car is purchased for $17900. the value of the car depreciates at 12.25% per year.

Since the value of the car depreciates therefore the amount of the car is

$A= P(1-\frac{r}{100})^n}$

$=17900(1-\frac{12.25}{100})^{10}$ [ p = $17900, r = 12.25% and n =10 years]

= $ 4,845.34

Therefore the value of the car after 10 year will be = $4,845.34

You might be interested in

Two stores are having a sale on T-shirts.Rose spends $63 for three T-shirts from store A and one from store B. Manny spends $140

Digiron [165]

Let a and b be store A and store B, respectively. Then:
3a+b=63
5a+4b=140
So
12a+4b=252
5a+4b=140
7a=112
a=16
b=15
☺☺☺☺

7 0

2 years ago

Ok so do I subtract 5 from x and 5 Orr am I solving wrong i don’t know this is confusing.

Aleksandr [31]

Answer:

no you dont

Step-by-step explanation:

4 0

2 years ago

The World Equity Index function shown contains two valuation metrics for the S&P 500. The Verizon description page contains

Nikitich [7]

Answer: Verizon is less expensive than the S&P 500 on both a P/E and dividend yield basis.

Step-by-step explanation:

When a Price to Earnings ratio is relatively high this means that the Price of the security is high because investors believe the company has good prospects.

When a Dividend Yield is relatively low, this means that the dividends being declared are quite lower than the price because Dividend yield is dividends as a percentage of security price. Lower Dividend Yields therefore mean high security prices.

Looking at the Verizon Chart and the S&P 500 you see that Verizon P/E ratio is 11.71 while S&P is 19.01.

This means that the price of Verizon's is less than S&P 500.

Also notice that Verizon's Dividend yield is 4.09% while S&P 500's is 1.91% again signifying that Verizon is cheaper.

I have attached the full question.

5 0

2 years ago

Please help Need help

Anettt [7]

This problem can be readily solved if we are familiar with the point-slope form of straight lines:
y-y0=m(x-x0) ...................................(1)
where
m=slope of line
(x0,y0) is a point through which the line passes.

We know that the line passes through A(3,-6), B(1,2)

All options have a slope of -4, so that should not be a problem. In fact, if we check the slope=(yb-ya)/(xb-xa), we do find that the slope m=-4.

So we can check which line passes through which point:

a. y+6=-4(x-3)
Rearrange to the form of equation (1) above,
y-(-6)=-4(x-3) means that line passes through A(3,-6) => ok

b. y-1=-4(x-2) means line passes through (2,1), which is neither A nor B
****** this equation is not the line passing through A & B *****

c. y=-4x+6 subtract 2 from both sides (to make the y-coordinate 2)
y-2 = -4x+4, rearrange
y-2 = -4(x-1)
which means that it passes through B(1,2), so ok

d. y-2=-4(x-1)
this is the same as the previous equation, so it passes through B(1,2),
this equation is ok.

Answer: the equation y-1=-4(x-2) does NOT pass through both A and B.

8 0

2 years ago

Mrs. Synder must choose two of her homeroom students to be class representatives. The class consists of 13 girls and 9 boys. App

Tanzania [10]

9/22 x 13/21 = 0.25 = 25% B

5 0

2 years ago

Read 2 more answers