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bearhunter [10]
3 years ago
13

You purchased a vehicle for 32,000. It's value will depreciate at a rate of 18.62%. What will it's value be in 5 years, when you

finally have it paid off
Mathematics
2 answers:
Len [333]3 years ago
8 0

Answer:

F = $11,421.90

Final value after 5 years F = $11,421.90

Complete question;

You purchased a vehicle for $32,000. It's value will depreciate at a rate of 18.62%. What will it's value be in 5 years, when you finally have it paid off

Step-by-step explanation:

Given;

Initial value P = $32,000

Depreciation rate r = 18.62% = 0.1862

Time t = 5

Final value = F

Using the compound depreciation formula;

F = P(1 - r)^t

Substituting the values;

F = $32,000(1 - 0.1862)^5

F = $11,421.90

Final value F = $11,421.90

Svetach [21]3 years ago
5 0

Answer:

$11421.90

Step-by-step explanation:

For a property worth Principal, P which depreciates at a rate of r% for a period of n years, the value is given by the formula:

Value=P(1-r)ⁿ

For the Car,

Purchase Price, P=$32000

Depreciation Rate=18.62%=0.1862

Time, n=5 years

Therefore the worth of the car after 5 years =32000(1-0.1862)⁵

=32000(0.8138)⁵

=$11421.90

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Answer:

x = \frac{23}{a}

Step-by-step explanation:

Given equation is,

ax + 3 = 23

To solve this equation for the value of x isolate the variable 'x' on the one side of the equation.

Step 1,

Subtract 3 from both the sides of the equation.

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Step 2,

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3 years ago
Extra points to the person who answer first
vlada-n [284]

In order to know what is the reasonable amount of tile for Mandana to order, you have to divide the choices with the area of the floor and deduct with 1 and multiply by 100. You have to assess if the answer you will get will fall between 15% and 20% which is the goal of Mandana.

<span>a.       </span>131/116.9 = (1.1206 – 1) x 100 = 12.06%, this does not fall between 15% and 20%

<span>b.      </span>138/116.9 = (1.1805 – 1) x 100 = 18.05%, this fall between 15% and 20%

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