Answer: 13.375% per year
Explanation:
1) Depreciation is the loss of value: $ 20,000.00 - $ 14,650.00 = $ 5,350
2) The percent of depreciation is amount of the depreciation divided by the value of the car when purchased, times 100.
That is (5,350 / $ 20,000) * 100 = 26.75 %
2) The rate is percent of depreciation per year:
depreciation rate = % of depreciation / number of years = 26.75% / 2 = 13.375% per year.
Answer:
Sarah is incorrect.
Step-by-step explanation:
By plugging 10 in as 'x' to the equation, we get y=21+(2*10). 2 x 10 is 20, and 20 + 21 is <em>not</em> 42 - it's 41. So, Sarah is incorrect.
So if it is 60 miles per hour it is basically 60 miles per 60 minutes.
when you simplify it, it is going to be 1/1=1 The answer is 1 mile per minute
Answer:2416{APPROX}
Step-by-step explanation:
AMOUNT=290000
NO OF YEARS=10
NO OF MONTHS IN 10 YEARS=120 MONTHS.
SO AMOUNT TO DEPOSIT PER MONTH=290000/120=2416(APPROX)