The original price of the car before 4 years will be $23,032.
<h3>What is an exponent?</h3>
Consider the function:
y = P (1 ± r) ˣ
Where x is the number of times this growth/decay occurs, P = original amount, and r = fraction by which this growth/decay occurs.
If there is a plus sign, then there is exponential growth happening by r fraction or 100r %
If there is a minus sign, then there is exponential decay happening by r fraction or 100r %
A Naomi's car exponentially depreciates at a rate of 8% per year.
If Nina bought the car when it was 4 years old for $16,500.
Then the original price will be
16500 = P(0.92)⁴
16500 = 0.716P
P = $ 23,032
More about the exponent link is given below.
brainly.com/question/5497425
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Answer:
Option : The product of the roots is - 4
Step-by-step explanation:
Therefore the roots are -4 and 1
The product of the roots are -4 x 1 = -4
Answer:
<u>As per the graph we see:</u>
Domain is:
Range is:
Answer:
None of the above, it should be $4760
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 12%/100 = 0.12 per year,
then, solving our equation
I = 3500 × 0.12 × 3 = 1260
I = $ 1,260.00
The simple interest accumulated
on a principal of $ 3,500.00
at a rate of 12% per year
for 3 years is $ 1,260.00
