Answer:
2000? ... assume $2000
Resale Value = $2000*(1 - 0.25)t/yr
where: t = number of year after purchase
at t = 3 yr
Resale Value = $2000*(1 - 0.25)3 = $843.75
checking: at t = 0 $2000 (purchase price)
at t = 1 yr $2000 - 0.25*$2000 = $2000 - $500 = $1500
at t = 2 yr $1500 - 0.25*$1500 = $1500 - $375 = $1125
at t = 3 yr $1125 - 0.25*$1125 = $1125 - $281.25 = $843.75
Answer:
-58
Step-by-step explanation:
input
-8^2(3/4)-10
simplify
-8^1.5-10
then solve
:)
Answer:
Step-by-step explanation:
sorry this one isnt an easy one. but your answr should be 1.8
Answer:
£10,200
Step-by-step explanation:
Simple interest = principal × rate × time
Principal = £6000
Rate = 7% = 0.07
Time = 10 years
Simple interest = principal × rate × time
= £6000 × 0.07 × 10
= £4,200
Total = simple interest + principal
= £4,200 + £6,000
= £10,200
He would have to pay back a total of £10,200 in 10 years