Suppose a new car is purchased for $46,357 and depreciates by 22% over the first year of ownership. If the car is driven 12,170
miles in that year, what is the cost, in dollars per 100 miles driven, for depreciation? (Enter a number. Round your answer to the nearest cent.)
2 answers:
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In the question it is given that,
The students at Midtown Middle school sold flowers as a fundraiser in September and October. In October, they charged $1.50 for each flower
And the October price was a 20% increase of the September price.
Let the price of the flower in October be $x
So we have
So the price of the flower in Septembet is $1.25 .