Answer:
£1638.40
Step-by-step explanation:
Step one:
Given data
A car costs £5000 when new
Each year the value decreases by 20%.
Step two:
let us compute the worth in the next 5 years
year 1
worth= 5000- 0.2*5000
worth= 5000-1000
worth= £4000
year 2
worth= 4000- 0.2*4000
worth= 4000-800
worth= £3200
year 3
worth= 3200- 0.2*3200
worth= 3200-640
worth= £2560
year 4
worth= 2560- 0.2*2560
worth= 2560-512
worth= £2048
year 5
worth= 2048- 0.2*2048
worth= 2048-409.6
worth= £1638.40
The person is wrong because after 5 years the car is worth £1638.40
Answer: Your answer would be 300,000
Step-by-step explanation: Hope this helped
If you mean log, then 1.556303
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Complete question :
A bookstore manager marks down the price of older hardcover books, which originally sell for b dollars, by 52%.
a. Write the markdown as a decimal. b. Write an expression for the sale price of the hardcover book.
Answer:
0.52 ; 0.52b
Step-by-step explanation:
The markdown percentage = 52%
Expresaing markdown as a decimal :
52% = 52 / 100 = 0.52
Expression for the sale price of hardcover book:
Original price = b
Price was marked down by 0.52
Hence, sales price becomes ;
Original price * markdown
b * 0.52
0.52b
