Elaine needs to save a few more dollars each month. She takes a look at her budget and decides that spending less on groceries w
2 answers:
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Answer:
Original price of car = $20,000
Step-by-step explanation:
Let the original price of the car be 'x' dollars.
Given:
Here, the depreciation of the car is occuring exponentially as the value depreciates to half in every four years.
Worth of car after 8 years = $5000
Value after depreciation in 4 years = Half of original value =
So, value of car after depreciation in another 4 years = Half of the value after 4 years =
Therefore, final depreciated value after 8 years is .
But, as per question, final depreciated value is $5000. Thus,
Therefore, the original price of the car was $20,000.
Answer:
0.5 or 50%
Step-by-step explanation:
For any given value of 'x' representing the time between arrivals of two customers. If 0 < x <120, then the cumulative distribution function is:
Therefore, the probability that the time between the arrivals of two customers will be more than 60 seconds is determined by:
The probability is 0.5 or 50%.