Times the bottom equation by -4 to cancel out the x’s.
Add the equations.
Solve for y.
Plug in y to find x.
Answer:
f(x) = 26500 * (0.925)^x
It will take 7 years
Step-by-step explanation:
A car with an initial cost of $26,500 depreciates at a rate of 7.5% per year. Write the function that models this situation. Then use your formula to determine when the value of the car will be $15,000 to the nearest year.
To find the formula we will use this formula: f(x) = a * b^x. A is our initial value which in this case is $26500. B is how much the value is increasing or decreasing. In this case it is decreasing by 7.5% per year. Since the car value is decreasing we will subtract 0.075 from 1. This will result in the formula being f(x) = 26500 * (0.925)^x. Now to find the value of the car to the nearest year of when the car will be 15000 we plug 15000 into f(x). 15000 = 26500 * (0.925)^x. First we divide both side by 26500 which will make the equation: 0.56603773584=(0.925)^x. Then we will root 0.56603773584 by 0.925. This will result in x being 7.29968 which is approximately 7 years.
The total amount is $ 1015.82 and interest amount is $ 165.82
<em><u>Solution:</u></em>
<em><u>The formula for amount when interest is compounded annually is:</u></em>
Where,
"A" is the total amount
"P" is the principal
"r" is the rate of interest in decimal form
"n" is the number of years
<em><u>From given, $850 at 2% for 9 years, compounded annually</u></em>
P = 850
t = 9 years
<em><u>Substituting the given values we get,</u></em>
Thus total amount is $ 1015.82
Interest amount = Total amount - principal
Interest amount = 1015.82 - 850
Interest amount = 165.82
Thus total amount earned is $ 1015.82 and interest amount is $ 165.82
Answer:
38.28cm^2
Step-by-step explanation:
Area of rectangle = 24cm^2
Area of rectangle = 8cm^2
Area of semicircle = 6.28cm^2
Step-by-step explanation:
.20 times 2000 is your answer = $40 is 20% of 2000.
