Initial cost of the jet ski = $925
Percentage of depreciation per year = 15%
Number of years after which the cost of the jetski has to be determined = 7
Then
Depreciated Value = Initial cost( 1 - percentage of depreciation) ^number of years
= 925( 1 - 15%)^7
= 925( 1 - 15/100)^7
= 925(1 - 0.15)^7
= 925(0.85)^7
= 925 *(0.85)^7
= 925 * 0.3206
= 296.53 dollars
So the depreciated cost of the jet ski after 7 years will be $296.53
Hello from MrBillDoesMath!
Answer:
For y = 4x, the domain of the function is all real numbers. This can be indicated as ( -infinity, infinity),
...later part of question:...
..."because an exponent can be any real"
exponent? !!!
Did you mean y = 4^x ? In this case the domain of y is all real numbers ann the range is (0, infinity), where the value 0 is not included in the range.
Thank you,
MrB
18.5•40=740
40•1.5=60
60•5.5=330
740+330=1070
A: $1070
