Answer:
<u>Equation: V = C * (1 - r)^t</u>
<u>Answer: $ 8,066.37</u>
Step-by-step explanation:
Let's recall that depreciation on a car can be determined by the formula:
V = C * (1 - r)^t , where:
V is the value of the car after t years,
C is the original cost
r is the rate of depreciation
t is the number of years of utilization of the car
Therefore, we have:
V = C * (1-r)^t
V = 15,500 * (1 - 0.07)⁹
V = 8,066.37 (rounding to the next cent)
Answer:
One avocado costs $1 and one tomato costs $0.50
Step-by-step explanation:
Set up a system of equations where t is the number of tomatoes and a is the number of avocados:
4t + 8a = 10
6t + 14a = 17
Solve by elimination by multiplying the top equation by 3 and the bottom equation by -2:
12t + 24a = 30
-12t - 28a = -34
Add them together and solve for a:
-4a = -4
a = 1
Plug in 1 as a into one of the equations and solve for t:
4t + 8a = 10
4t + 8(1) = 10
4t + 8 = 10
4t = 2
t = 0.5
So, one avocado costs $1 and one tomato costs $0.50
