Around 0.139 or 0.40, divide 2.79/20
Answer:
To the nearest hundred dollars, the car will be worth $17,900 by 2005
Step-by-step explanation:
Firstly, we need to write the depreciation equation
We have this as:
V = I(1 - r)^t
V is the present value which is what we want to calculate
I is the initial value, the amount the cad was bought which is $22,000
r is the rate of change which is 5% = 5/100 = 0.05
t is the time difference which is 2005-2001 = 4
Substituting all these into the depreciation equation, we have it that
V = 22,000(1 -0.05)^4
V = $17,919.1375
To the nearest hundred dollars, that would be;
$17,900
Answer:
189
Step-by-step explanation:
u would do 13.50 times 14
The lower bound is the smallest value that would round up to the estimated value. A quick way to calculate upper and lower bands is to halve the degree of accuracy specified, then add this to the rounded value for the upper bound and subtract it from the rounded value for the lower bound.