When you graduate college at the age of 20, you want to start saving up for retirement. If your investment pays a fixed APR of 8
2 answers:
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Answer:
41
Step-by-step explanation:
Rounding
Your cost just for the room is 41
You pay 7.90 for Your hours of being there
And your Budget is 96.30
the equation wants you for figure how many hours would you be there at the establishment that you would pay your full budget 96.30 or closer and You would only pay 41.00
Answer:
a)
b) f(x)
c) Year 1: Linear $17550, exponential $17099
Year 4: Linear $5700, exponential $8601
d) Exponential model
e) The linear model depreciates the value quicker than exponential model long term around 4 years
Step-by-step explanation:
a) At year 0 the price is 21500 and at year 2 the price is 13600
WE can use points (0,21500) and (2,13600)
We can determine the gradient
We can use the point slow formula:
b) We can use the following equation:
f(x)
f(x) is the depreciation value after amount of time t, a is the new value, r is the rate of depreciation and x is the time.
The depreciation rate is 20.47% and is negative because it decreases the new value of the car
c) Year 1:
f(x)
Year 4:
f(x)
d) Year 2
f(x)