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3 years ago

A used car has a value of $15,250 when it is purchased in 2012. The value of the car decreases at a rate of 7.5% per year.

1 answer:

3 0

The given P=15250
r=7.5/100=0.075 
t=x 
y = 15250*(1 - 0.075)^x 
after 8 years we would have 
x = 8 
y = 15250*(1 - 0.075)^8 
y = $8,173.42 
after 8 years the value of the car would be $8,173.42

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Step-by-step explanation:

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Assume that you live in a simple economy in which only three goods are produced and traded: Cashews, pecans and almonds. Suppose

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Answer:

Step-by-step explanation:

The information given in the question can be represent in a table format for better understanding with the additional columns as follows:

Items Weights Q₀ Prices P₀ Prices P₁ P₀Q₀ P₁Q₀

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Can you say what happened to the overall "price level"?

The changes in overall price level can be a result of a condition termed as inflation rate

How might you construct a measure of the "change in price level"?

To construct a measure of the change in price level; we need to determine the consumer price index (CPI).

The consumer price index can be determined by using the relation:

$=\mathbf{\dfrac{Sum \ of \ P_1Q_0}{Sum \ of \ P_oQ_o}*100 }$

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= 109.0%

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3 years ago

A sports store sells three different packs of tennis balls. Brand A costs $2.50 for two balls, brand B sells three balls for $3.

meriva

Answer:

Step-by-step explanation:

sports store sells three different packs of tennis balls. Brand A costs $2.50 for two balls, brand B sells three balls for $3.90, and brand C has a sale of four balls for $5.12. Which inequality about the unit price per ball is correct

Brand A:

$2.50 for 2

Brand B :

$3.90 for 3

Brand C:

$5.12 for 4

We calculate the unit price :

Brand A:

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Brand B:

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Brand C:

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