3) Lane and Zack purchased a house for $245,000 in 2016. The house loses 4% of its value each year,
1 answer:
Answer:
In 2030 Lane & Zack's house be worth $65,739.27.
Step-by-step explanation:
Here, as we know The value of property = $245,000
Rate of depreciation = 4% of its present value
Time = From 2016 to 2030 = 14 years
Now, here: Amount depreciated = -( COMPOUND INTEREST on the value)
<u> Step 1: CALCULATE THE COMPOUND INTEREST on P = $245,000</u>
or, AMOUNT = $424,260.73
Now, AMOUNT = Compound I + Principal
⇒Compound I = A - P = $424,260.73 - $245,000 =$ 179,260
So, the amount of the house by which house depreciates = $ 179,260
⇒The depreciated value = Actual Value - The depreciated amount
= $245,000 - 179,260 = $65,739.27
Hence, in 2030 Lane & Zack's house be worth $65,739.27.
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Answer:
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now, because X left 1 1/2 hour later, by the time they meet, say X has been running for "t" hours, but because it left 1 1/2 hour later, L has been running for " t + 1 1/2 " hours, or " t + 3/2 " hours.
Step-by-step explanation:
so, they met 2 and a half hours later after X left, and a milllisecond later X overtook L.
2 2/3 - 3/5
First, we can start by changing 2 2/3 to an improper fraction. To do this, we can use the rule: a b/c = ac+b/c. All we need to do is insert our numbers into the form of the rule.
Second, we can now start simplifying. (2 × 3 = 6 and 6 + 2 = 8).
Third, now we have change our denominators to be the same. To do this, we can start out by finding the least common denominator (LCD). List the multiples of both of the current denominators (3 and 5) and find the first common one.
Multiples of 3: 3, 6, 9, 12, 15
Multiples of 5: 5, 10, 15
Since 15 is our first common multiple, it is now our LCD.
Fourth, now we can multiply to change our denominators. Using our current denominators, we have to multiply by let's say (x / a variable). Basically, what can you multiply by 3 to get 15? That would be (3 × 5 = 15). For our other fraction, what would we multiply by 5 to get 15? (5 × 3 = 15). Remember, whatever you do to the bottom you must do to the top.
Fifth, we can now combine our denominators, which will make us have to add both of the numerators together.
Sixth, our last step is to convert the fraction into a mixed fraction. How you do this is to divide the numerator by the denominator. We would set up something like this: 31 ÷ 15 = 2.066667. That decimal in fraction form is 2 1/15, which is our answer.
Answer in fraction form:
Answer in decimal form:
First, we can start by changing 2 2/3 to an improper fraction. To do this, we can use the rule: a b/c = ac+b/c. All we need to do is insert our numbers into the form of the rule.
Second, we can now start simplifying. (2 × 3 = 6 and 6 + 2 = 8).
Third, now we have change our denominators to be the same. To do this, we can start out by finding the least common denominator (LCD). List the multiples of both of the current denominators (3 and 5) and find the first common one.
Multiples of 3: 3, 6, 9, 12, 15
Multiples of 5: 5, 10, 15
Since 15 is our first common multiple, it is now our LCD.
Fourth, now we can multiply to change our denominators. Using our current denominators, we have to multiply by let's say (x / a variable). Basically, what can you multiply by 3 to get 15? That would be (3 × 5 = 15). For our other fraction, what would we multiply by 5 to get 15? (5 × 3 = 15). Remember, whatever you do to the bottom you must do to the top.
Fifth, we can now combine our denominators, which will make us have to add both of the numerators together.
Sixth, our last step is to convert the fraction into a mixed fraction. How you do this is to divide the numerator by the denominator. We would set up something like this: 31 ÷ 15 = 2.066667. That decimal in fraction form is 2 1/15, which is our answer.
Answer in fraction form:
Answer in decimal form: