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Fittoniya [83]
3 years ago
13

A customer buys a car for $14,500. The car loses value at a rate of 3.5%

Mathematics
2 answers:
yuradex [85]3 years ago
7 0

Answer: D because you just need to subtract 3.5% 5 times from 14,500.

Vedmedyk [2.9K]3 years ago
3 0

Answer: I’m not so sure

Step-by-step explanation:

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You recently discovered that your job provides a 25% matching towards your retirement.
Harman [31]

Answer:

What is typed in the attached Excel file is =FV(B4,B5,-B3,0,0).

Step-by-step explanation:

Note: See the attached excel file for the calculation of future value of an ordinary annuity.

Since we want to find the balance after 30 years, the function in the Excel is the FV function which is used to calculate the future value (FV) of an ordinary annuity as follows:

=FV(rate,nper,-pmt,0,0) …………………… (1)

rate = Monthly interest rate = APR / 12 = 8.99% / 12 = 0.0899 / 12 = 0.00749166666666667. Note: This is typed in cell B4 in attached excel file.

nper = periods = number of months = 30 years * 12 months = 360. Note: This is typed in cell B5 in attached excel file.

pmt = monthly payment = $300. Note: This is typed in cell B3 in the attached excel file. And also typed as a negative value in cell B7, i.e. as -B3.

pv = present value = 0. Note: This is the first 0 typed in cell B7 in the attached excel file.

type 0 = 0 this is typed to indicate that deposit is made at end of period as a regular or ordinary annuity. This is the second 0 typed in cell B7 in the attached excel file.

Based on the above, the FV function in equation (1) above is converted to the following which is typed in the attached Excel file to find the balance after 30 years:

=FV(B4,B5,-B3,0,0)

The above then gives a future value of $548,080.11 which is  the balance after 30 years.

Download xlsx
3 0
3 years ago
(02.01)Line segment CD has a length of 3 units. It is translated 2 units to the right on a coordinate plane to obtain line segme
kipiarov [429]
The translation of a segment or object, from one location to another on the plane, doesn't change its length, just its location.

so it used to be there, now is here, but its length never changed.
7 0
3 years ago
Read 2 more answers
According to the Ruler Postulate, what does the set of points on any line correspond to?
Studentka2010 [4]
You answer will be real numbers
5 0
3 years ago
Read 2 more answers
Pic attached for further detail
marissa [1.9K]
I dont get what you asking
8 0
3 years ago
Pls help I will not let me add the screenshot so I'm going to try and explain. so there is a rectangle the top measures 10m and
-BARSIC- [3]
Answer:

£23

Explanation:

6x10=60
2x1.5=3
3.14x2^2=12.566
60-3-12.566=44.433
44.43/10=4.43
5 bags
5x4.60=23
=£23
3 0
2 years ago
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