Answer:
The correct option is, Exponential Decay, $23,914.85.
Step-by-step explanation:
A farmer buys a tractor for $50,000.
It is provided that the the tractor depreciates 10% per year.
The exponential function for decay is:
Here,
a = initial value
r = decay rate
t = time
Compute the value of the tractor in 7 years as follows:
Thus, the correct option is, Exponential Decay, $23,914.85.
Answer:
elk
Step-by-step explanation:
Answer:
6.00 %
Step-by-step explanation:
205.00 × 0.060= 12.3
205.00 + 12.3= $217.30
Answer:
<em>The correct option is: B. $30.00</em>
Step-by-step explanation:
<u>The formula for compound interest</u> is.......
, where A= Final amount, P= Initial amount, r= rate of interest in decimal form, n= number of compounding in a year and t= time duration in years.
Anthony wants to buy CD for $400 that earns 2.5% APR and is compound quarterly and the CD matures in 3 years.
So here,
As the CD is compounded quarterly, so here
Plugging these values into the above formula......
So, the amount of total interest earned
Answer:
قیمت یک بازی x دلار است. شما 60٪ از کل قیمت پس انداز شده دارید. عبارتی بنویسید که نشان دهنده میزان پولی است که پس انداز کرده اید؟
60/x