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SIZIF [17.4K]
3 years ago
12

Timothy paid $14,850 for a used car 4 years ago. Because he did not properly maintain the car, he sold it for $3,960. What was h

is average annual depreciation?
Mathematics
1 answer:
TEA [102]3 years ago
8 0

Answer:

Depreciation rate = 16.32%

Step-by-step explanation:

First we calculate the annual depreciation of the car

Annual Depreciation = (Cost of  car – Net Scrap Value of car)/Useful Life

Details

Cost of Car= $14850

Net scrap Value of car= $3,960

useful Life=4

Thus: Annual Depreciation = ($14850-$3,960)/4

                                            = $2,722/year (Annual Depreciation)

Rate = Annual Depreciation/Cost of car X 100%

       = $2,722/$14,850 X 100%

Depreciation rate = 16.32%

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Midnight Margaret’s school notebooks are onsale this month for 20% off regular prices. If apack of 5 notebooks normally costs $1
ch4aika [34]

Explanation:

Discount = 20%

The cost of 5 notebooks = $10

The cost of 1 notebook before applying discount = $10/5 = $2

Applying the discount on the original price:

Discount = $10 × 20% = 10 × 0.20

Discount = $2

The sales price of the 5 notebooks = original price - discount

The sales price of the 5 notebooks = $10 - $2

The sales price of the 5 notebooks = $8

The sales price of 1 notebook = $8/5

The sales price of 1 notebook = $1.6

The amount saved per notebook = The cost of 1 notebook before applying discount -

$2 -

3 0
1 year ago
A manager wishes to determine the relationship between the number of miles traveled​ (in hundreds of​ miles) by her sales repres
kati45 [8]

Answer:

y=3.53 x +37.92  

And for 0 miles if we use the model we got:

y(0)= 3.53*0 +37.92 = 37.92

But for this case. No is not reasonable for a representative to travel o miles and have a positive amount of sales.

Step-by-step explanation:

For this case we assume the following data:

Miles traveled (X): 2,3,10,7,8,15,3,1,11

Sales (Y): 31,33,78,62,65,61,48,55,120

We want to found a linear model like this one : y = mx+b. Where:

m=\frac{S_{xy}}{S_{xx}}  

Where:  

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i)}{n}  

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}  

With these we can find the sums:  

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}=582-\frac{60^2}{9}=182  

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i)}{n}=4329-\frac{60*553}{9}=642.33  

And the slope would be:  

m=\frac{642.33}{182}=3.529  

Nowe we can find the means for x and y like this:  

\bar x= \frac{\sum x_i}{n}=\frac{60}{9}=6.667  

\bar y= \frac{\sum y_i}{n}=\frac{553}{9}=61.444  

And we can find the intercept using this:  

b=\bar y -m \bar x=61.444-(3.529*6.667)=37.917  

So the line would be given by:  

y=3.53 x +37.92  

And for 0 miles if we use the model we got:

y(0)= 3.53*0 +37.92 = 37.92

But for this case. No is not reasonable for a representative to travel o miles and have a positive amount of sales.

8 0
3 years ago
For real numbers c and d what property of real numbers is illustrated by the equation below
almond37 [142]
C + d = d + c

what u have here is the commutative property of addition which simply states that u can commute ur numbers (move them around) and it does not change the outcome
3 0
3 years ago
What the ratio to 7 to 1 written in 3 different ways
Sholpan [36]

Answer: 14:2, 35:5, 21:3

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
7.4=n-2.6 could you plz solve this or give me some good sites that could solve it for me oh and plz show the steps to thanks
lisov135 [29]
Please try to follow this closely.
Ready ?  OK, here goes:

              <em> Add 2.6 to each side of the equation.</em>
6 0
3 years ago
Read 2 more answers
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