An equivalent measurement to 2 meters is 200 cm. Since 1 meter is equivalent to 100 cm, multiply both of them by two. So, your answer is - 2 meters is equivalent to 200 cm.
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Let the value of the car be represented by V and the amount of years by y.
This gives us the following formula:
V = 25,635 - 3000y
(This is because we start with a value of $25,635 and the value decreases by $3,000 every year 'y')
Now, we want to know when the car is worth $3,135, so we know V = 3,135
Now we can make up our equation:
25,365 - 3,000y = 3,135
Collecting terms gives us:
-3,000y = -22,500
Finally we divide by -3,000 to find 'y'
y = -22,500 / -3,000 = 7.5
Hence, the car will be worth $3,135 after 7.5 years.
Answer:
$24,498,509.74
Step-by-step explanation:
The formula for the value as a function of time is ...
V(t) = P·e^(rt)
Filling in the numbers and doing the arithmetic, we have ...
V(35) = 3,000,000·e^(0.06·35) ≈ 24,498,509.74
Compounded continuously for 35 years, the investment will be worth $24,498,509.74.