I believe the answer is 8.7 but im not 100% sure.
Sale Price = 100% - 36% = 64%
Sale Price is $32
64% = $32
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Find 1 % :
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64% = $32
1% = $0.50
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Find 100% (Original Price) :
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1% = $0.50
100% = $0.50 x 100
100% = $50
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Answer: The original Price is $50.
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I'm pretty sure 92 83/125 is already simplified.
Answer:
$94,090.
Step-by-step explanation:
We have been given that the value of a machine depreciates each year by 3%.
We can see that the value of machine is depreciating exponentially, so let us write an exponential function for the given situation.
Since we know that an exponential function is in form: , where,
a = Initial value.
b = For decay function b equals (1-r), where r is rate in decimal form.
Let us convert our given rate in decimal form.
Upon substituting a=1,00,000, x=2 and r=0.03 in exponential decay function we will get,
Therefore, the value of the machine after 2 years will be $94,090.