Answer: C
Step-by-step explanation:
Answer:
y = 2/5x
Step-by-step explanation:
Perpendicular lines are lines which have negative reciprocal slopes of each other.
The line y = -5/2 x + 2 has slope -5/2. Therefore its perpendicular slope will be 2/5.
The equation can cross anywhere on the y-axis for its y-intercept since no specific point is given. Here I chose (0,0).
y = 2/5x
Compounded depreciation formula:
A = P(1 - r)ⁿ , where P = original price, r= rate of depreciation, n = number of years and A = actual value (after depreciation):
A= $8000(1 - 11%)⁵ = 8000(0.89)⁵ = 4,467.24 ≈$4,467
