The formula to figure residual value follows: Residual Value = The percent of the cost you are able to recover from the sale of an item x The original cost of the item. For example, if you purchased a $1,000 item and you were able to recover 10% of its cost when you sold it the residual value is $100!!
I'll help you but I;m not just going to give you the answer
Answer: A
Step-by step explanation:
See paper attached. (:
Bank A = 1000 x (1 + (0.04*6)) = $1,240
Bank B = 1000 x (1+0.03)^6 = $1,194.05
Bank A would be worth more
Answer:
3 and 6
4 and 5
Step-by-step explanation:
Alternate interior angles are on the opposite sides of the transversal, t, and between the parallel lines, r and s
3 and 6 are alternate interior angles
4 and 5 are alternate interior angles