A car is purchased for $27,500. After each year, the resale value decreases by 35%. What will the resale value be after 5 years?
2 answers:
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Answer: The correct option is (B) less than 2.
Step-by-step explanation: Given that Y varies directly with X and has a constant rate of change of 6.
We are to find the possible value of X when the value of Y is 11.
Since Y varies directly with X, so we can write
Since the rate of change is constant and is equal to 6, so we must have
So, from equation (i), we have
Now, when Y = 11, then from equation (ii), we get
Thus, the value of X is less than 2 when Y = 11.
Option (B) is CORRECT.
Answer: the probability is 0.13
Step-by-step explanation:
First, each question has 5 options and only one is correct.
Then, selecting at random, the probability of getting a correct answer is equal to:
p = 1/5 = 0.20 (and the probability of getting it incorrect is p = 4/5 = 0.80)
Now, if out of 30 questions, we got 4 correct and 26 incorrect, the probability for a given combination is;
p = (0.20^4)*(0.80^26)
But we also need to multiply this by the total number of combinations.
This is we have 30 questions in total, and we can select 4 of them that will be the correct ones.
Now, if we have N objects in total, the number of different combinations of K elements out of those N elements is
In this case, N = 30 and K = 4.
Then the probability of getting exactly 4 correct answers is:
P = (0.20^4)*(0.80^26)*27,405 = 0.13