Answer:
time is 6.76 years
Step-by-step explanation:
given data
amount = $150
payment = $100
rate r = 6% = 0.06
to find out
time period t
solution
we know it is compounding continuous
so we will apply here formula that is
amount = payment ×
..........1
put here all value we get
amount = payment ×
150 = 100 ×
take ln both side
ln 1.5 =
0.40546 = 0.06t
t = 0.40546 / 0.06
t = 6.76
so time is 6.76 years
Answer:
There was $46.50 left in change.
Step-by-step explanation:
4 (people) x 8 (ticket cost) + 4 (people) x 3.50 (drinks) + 7.50
= 32 + 14 + 7.50
= 53.5
100 - 53.5
= 46.50
I think is a because if you see and do it you could see
I am sure but I am going with Property if equation . this is say if x =2 then 2 x y = 2y .
Answer:
$460.38
Step-by-step explanation:
Use the exponential decay formula, y = C(1 - r)^t
Plug in the original price, depreciation rate, and amount of time:
y = 20000(0.875)^11
y = 460.38
So, the car's value after 11 years will be $460.38