Answer:
12.3
Step-by-step explanation:
17. The answer should be 17
Answer:
42
Step-by-step explanation:
42-6 = 36
36*2 = 72
72-40 = 32
32/4 = 8
Answer:
Time taken n = 19 years (Approx)
Step-by-step explanation:
Given:
Amount of car P = $27,500
Decrease rate r = 15% = 0.15
Final amount A = $1,254
Find:
Time taken n
Computation:
A = P[1-r]ⁿ
1,254 = 27,500[1-0.15]ⁿ
0.0456 = [0.85]ⁿ
Time taken n = 19 years (Approx)
The value would be $14,000.
The formula we use for this is
A = p(1+r)ˣ, where p is the initial value, r is the percent of depreciation (as a decimal number) and x is the number of years. Note that since it is depreciation, r will be a negative number.
A = 25000(1-0.08)⁷ = 13946.17 ≈ 14000
