The worth of the car after it is paid off 5 years later given the rate of exponential depreciation is $32,842.34.
<h3>What is the worth of the car?</h3>
When the car declines in value, it means that the car is depreciating. The formula that can be used to determine the value of the car with the depreciationn rate is:
FV = P (1 - r)^n
- FV = Future value
- P = Present value
- R = rate of decline
- N = number of years
$42,000 x (1 - 0.048)^5 = $32,842.34
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List price is the price which is showcased for users for the purpose of customers to buy.
List price may be above or below the cost price of the item as per the need of the seller.
Selling price is the price at which an item is sold by the seller. Selling price can be different from list price as there may be discount from the list price.
Selling price above or below cost price is required to find profit or loss on the item.
Discount is the percent deduction on the list price or selling price which is offered to the customer to buy a particular item. Discount is usually less than selling price or list price as it is a depreciation from the actual value.
Disclaimer: No value has been provided for the calculation of the value and hence definition has been given.
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Answer:
C. 10
Step-by-step explanation:
We are given a graph representing the height of the elevator with respect to time.
Since, we know that,
X-axis represents the 'time' in seconds and y-axis represents the 'height of the elevator' in feet.
As, the coordinate points on the graph are given by,
(1,10), (2,20), (3,30) and (4,40).
So, the rate of change can be found out by solving,
.
Hence, the rate of change of the relationship is 10.
Answer:
A = -4
B = 5
C = -3
Step-by-step explanation:
Standard form of a quadratic equation is y = Ax² + Bx + C
In the quadratic y = -4x² + 5x - 3, we can use this standard form to find A, B, and C.
Since -4 is the coefficient to x², A is -4.
Since 5 is the coefficient to x, B is 5.
Lastly, since -3 is the last term, C is -3.
So, the answer is:
A = -4
B = 5
C = -3