Answer:
$ 53,333.33
Step-by-step explanation:
The formula for simple interest is I = PRT. So, we are trying to solve for P(original investment). To do this, we get the formula P = I / RT. This is the formula we will be using.
Work:
First, converting R percent to r a decimalr = R/100 = 5%/100 = 0.05 per year,putting time into years for simplicity,18 months ÷ 12 months/year = 1.5 years,then, solving our equation
P = 4000 / ( 0.05 × 1.5 ) = 53333.333333333
P = $ 53,333.33
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
#SPJ1
Answer:
scdeceece
Step-by-step explanation:
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-99..?? I think that’s the answer
Answer: 1,000
Step-by-step explanation:
The height of 10 stacks of books would be a 1,000 because if it's 0.3 thick between covers of 200 sheets then 10 books would be a 1,000.
