Answer: the value of the car after 7 years is $11220
Step-by-step explanation:
The formula for determining depreciation is expressed as
A = P(1 - r)^t
Where
A represents the final value of the car after t years.
P represents the present value of the car.
r represents the rate of depreciation
t represents the number of years.
From the information given
P = 35000
r = 15% = 15/100 = 0.15
t = 7 years
Therefore,
A = 35000(1 - 0.15)^7
A = 35000(0.85)^7
A = 11220.198
Rounding up yo the nearest dollar, it becomes $11220
Answer:
r>5
Step-by-step explanation:
Answer:400 miles per hour
Step-by-step explanation:
Let w = speed at which the plane travelled west
Let s = speed at which the plane travelled south
Distance moved in 5 hrs heading west = 5*w = 5w
Distance moved in 4 hrs heading south = 4*s = 4s
Total distance, 3444= 5w + 4s
w = s + 39( 39 miles/hr faster)
5(s+39) + 4s = 3444
5s + 195 + 4s = 3444
9s = 3249
s = 361 miles per hour
w = s + 39 = 361 +39
= 400 miles per hour
