Answer:
x=
Step-by-step explanation:
2x +2/3=5
x=13/6
Answer:
Rate = 6.56%
Step-by-step explanation:
Principal (P) = $5000
Interest (I) = $6312
Time (T) = 4 years
Rate (r) = ?
This question is involves simple interest and with the formula, we can easily plug in the values to find the rate.
S.I = P(1 + rt)
S.I = simple interest
P = principal
R = Rate
T = Time
6312 = 5000(1 + r*4)
6312 = 5000 + 5000*4r
6312 - 5000 = 20000r
1312 = 20000r
r = 1312 / 20000
r = 0.0656
Rate are calculated in percentage hence we'll multiply it by 100
R = 6.56%
Answer: C
Step-by-step explanation:
If we know the value of the car decreases $500 for every 1,000 miles, and that the car is driven about 10,000 miles every year, that means that you need to take the total value of the car (23,000) and subtract it from the amount of money it is losing per year. Again, the car is driven about 10,000 miles per year, so that means that the car will most likely continue to be driven 10,000 miles per year. If you do the math, for one year, the value of the car will drop $5,000 ($500 x 10, because it is $500 per every 1,000 miles) So, for each year, you can just multiply the number of years by $5,000 to find out how much the vehicle has depreciated over time.
Hope this helped you and made sense! Feel free to ask me any questions you have!
