Answer:
$460.38
Step-by-step explanation:
Use the exponential decay formula, y = C(1 - r)^t
Plug in the original price, depreciation rate, and amount of time:
y = 20000(0.875)^11
y = 460.38
So, the car's value after 11 years will be $460.38
Here is the complete question
A nominal interest rate of 5%
A real interest rate of 5%
A real interest rate of 3%
A nominal interest rate of 3%
Answer:
A real interest rate of 5%
Step-by-step explanation:
A real interest rate of 5% is the best option for oscar. The nominal rate of interest is a type of interest rate that shows the increase in in percentage of money without the depreciation discount that is usually caused by inflation or the payment of tax.
The real rate of interest shows the real increase in the money that has been paid for an investment. This is after inflation has been discounted and all forms of taxes have been paid.
So oscar should invest his $4000 on a savings account whose real interest rate is 5% per year
Based on the graph of the function (F(x) = log6x), the following facts are true:
- The x-intercept is (1, 0).
<h3>What is a graph?</h3>
A graph is a type of chart that is used to graphically represent data on both the horizontal and vertical lines of a Cartesian coordinate i.e x-axis and y-axis.
By critically observing the graph of the function (F(x) = log6x) attached in the image below, we can infer and logically deduce that its domain and range include all real numbers that are greater than 0 (x > 0).
This ultimately implies that, the following facts are true:
- The x-intercept is (1, 0).
Read more on graphs here: brainly.com/question/25875680
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Complete Question:
Which facts are true for the graph of the function below? Check all that apply. F(x) = log6 x
A. It is increasing.
B. The range is y > 0.
C. The x-intercept is (1, 0).
D. It is decreasing.
E. The y-intercept is (0, 6).
F. The domain is x > 6.
Use the long algorithm method. 79.04 divided by 9.5 is 8.32.
Answer:
2,176,782,336
Step-by-step explanation:
Just asked a friend -.-