An antique car costs $32,000 It gains 8% in value every year. How much will it be worth in 6 years?

Mathematics

1 answer:

9966 [12]3 years ago

3 0

Each year, it's value is 1.08 of the previous price, so the equation is

$x=32000*(1.08^6)$

Using a calculator, you get that the answer is 50779.978. You must also round to the nearest hundredth because in our currency, cents are the smallest unit.

Therefore, an antique car that costs $32000 will be worth 50779.98 6 years after.

You might be interested in

Given that x = 7, write an equation that contains two different equivalent expressions each including at least one variable (x)

inna [77]

Well here are two equivalent different expressions of my making that you could use for this question.

f(x) = 2x - 7
g(x) = 3x - 28 / 2

When x = 7, these two different expressions will equate to the same value of 7. If you meant something else let me know, otherwise this is what you should put for your essay-question.

3 0

3 years ago

A relative asked her aunt that lives in a certain part of the US to send her some money for food expenses in Canada. Her aunt se

scZoUnD [109]

Answer:

$6250

Step-by-step explanation:

if im correct plz can i get a brainliest

8 0

3 years ago

How do I solve a problem like -8(n+3)+28=-5n-5

Xelga [282]

<span>-8(n+3)+28=-5n-5

-8n-24+28=-5n-5

</span>-8n+4=-5n-5

-8n+4-4=-5n-5-4

-8n=-5n-9

-8n+5n=-5n+5n-9

-3n=-9

-3n/-3=-9/-3

n=3

n=3 is the correct answer

8 0

3 years ago

Find equations of the line that is parallel to the z-axis and passes through the midpoint between the two points (0, −4, 9) and

Lorico [155]

Answer: x = -4, y = 0.5, z = 5 +t

Hi!

The line L whose direction is parallel to vector V a passes through point A

is parametrized

$P_L = Vt + A$