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ivanzaharov [21]
3 years ago
15

Phillip bought a used car for x dollars. one year later the value of the car was 0.88x. which expression is another way to descr

ibe the change in the value of the car?
Mathematics
1 answer:
prisoha [69]3 years ago
6 0
If I said I had .25 cents you would know I had a quarter of a dollar or 1/4th of a dollar, .25 cents could also be thought of as 25% of a dollar.

so in this case if the "dollar" is x and the "quarter" is .88 you could say you have 88% of x
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We use the compound interest formula for both of these:

A=p(1+r)^t

For Katie's deposit:
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This gives Katie 6083.26-5000 = 1083.26 in interest (1083, to the nearest dollar).

For Emily's deposit:
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This means she earned 11248.64-10000=1248.64 in interest (1249, to the nearest dollar).

The difference in interest is given by 1249-1083=166
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3 years ago
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kobusy [5.1K]

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