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Hoochie [10]
3 years ago
14

Does anyone know 7.05% of $225.00?

Mathematics
2 answers:
vichka [17]3 years ago
8 0

Convert the percent into a decimal by moving the decimal point 2 places to the left:

7.05% = 0.0705

Now multiply $225.00 by the decimal:

225.00 x 0.0705 = 15.8625 = $15.86

padilas [110]3 years ago
5 0

7.05% is the same as the decimal 0.0705 after you move the decimal point 2 spots to the left. It's like saying 20% = 0.20; any percentage is that value over 100 so 7.05% = (7.05)/100 = 0.0705

After you get this decimal value, you multiply it by 225 to get 0.0705*225 = 15.8625 and then you round to the nearest penny to get 15.86

Answer: 15.86

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Answer:

a. y-intercept = 23350 and x-intercept = 13

b. m = -\frac{23350}{13}

c. y = -\frac{23350}{13}x + 23350

Step-by-step explanation:

Given

Years = 13

Total\ depreciation = \$23350

Solving (a): The x and y intercepts

The y intercept is the initial depreciation value

i.e. when x = 0

This value is the value of the car when it was initially purchased.

Hence, the y-intercept = 23350

The x intercept is the year it takes to finish depreciating

i.e. when y = 0

From the question, we understand that it takes 13 years for the car to totally get depreciated.

Hence, the x-intercept = 13

Solving (b): The slope

The slope (m) is the rate of depreciation per year

This is calculated by dividing the total depreciation by the duration.

So:

m = \frac{23350}{13}

Because it is depreciation, it means the slope represents a deduction.

So,

m = -\frac{23350}{13}

Solving (c): The straight line equation

The general format of an equation is:

y = mx + b

Where

m = slope

b = y\ intercept

In (a), we have that:

y\ intercept = 23350

In (b), we have that:

Slope\ (m) = -\frac{23350}{13}

Substitute these values in y = mx + b

y = -\frac{23350}{13}x + 23350

<em>Hence, the depreciation equation is: </em>y = -\frac{23350}{13}x + 23350<em></em>

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2 years ago
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