4. 6/8, 5. 3 5/8, 6. 7 7/8, 7. 72 months and 2,190 days
The worth of the car in 10 years is $1,831.67 using an exponential equation approach.
What is an exponential equation?
An exponential equation is the one with exponents such X^3(the 3 is the exponent)
The exponential equation required here is the one where the future value would be lower than current value because the car reduces in value year-in-year-out.
FV=PV*(1-r)^N
FV=future worth of the car
PV=today's value=$25,000
r=depreciation rate=-23%
N=number of years=10
The fact that r is negative means the car is depreciating not appreciating.
FV=$25,000*(1-23%)^10
FV=$1,831.67
Find further explanation on exponential equation below in the link:
brainly.com/question/11832081
#SPJ1
Answer:
Actually that's incorrect
Step-by-step explanation:
Answer:
The communicative property for multiplication states that the order of the multiplicands and can be swapped and the resulting product stays the same.
So
A * B = B * A
So if
7*8=56
then the commutative property says
8*7=56 as well since you can swap the order of the terms on the left and not change the result.
This property is true for addition and multiplication. It does not hold for subtraction or division.
Hope that makes sense and helps. (:
