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A new car is purchased for 24600 dollars. The value of the car depreciates at 5.5% per year. To the nearest year, how long will

boyakko [2]

Answer:

The number of years until the value of the car is 11300 dollars is 9 years.

Step-by-step explanation:

This can be calculated using the following formula:

Value of the Car = Purchase cost - (Annual depreciation expenses * N) ........ (1)

Where;

N = Number of years until the value of the car is 11300 dollars

Purchase cost = $24,600

Annual depreciation rate = 5.5%

Annual depreciation expenses = $24,600 * 5.5% = $1,353

Value of the car = $11,300

Substituting the value into equation (1) and solve for N, we have:

$11,300 = $24,000 - ($1,353 * N)

$1,353 * N = $24,000 - $11,300

$1,353 * N = $12,700

N = $12,700 / $1,353

N = 9.38654841093865

Rounding to the nearest year as required by the question, we have:

N = 9

Therefore, the number of years until the value of the car is 11300 dollars is 9 years.

Step-by-step explanation:

4 0

3 years ago

Add the two expressions -4.2x+3 and 2.5x-6 please help me with this

dalvyx [7]

-1.7×-6 is the answer. Hope this helps.

6 0

3 years ago

Read 2 more answers

What type of plate boundary is illustrated in the image?

viktelen [127]

Haha wring subject but convergent

8 0

3 years ago

Abdul is creating a cushion that is 1 foot by 2 feet by 3 feet. He wants to find the least amount of fabric he will need to cove

netineya [11]

Answer:

The least amount of fabric are 22 square feet

Step-by-step explanation:

we know that

The surface area of a rectangular prism is given by the formula

$SA=2B+PH$

where

B is the area of the base

P is the perimeter of the base

H is the height of the prism

Let

L ---> the length pf the prism

W ---> the width of the prism

H ---> is the height of the prism

Let

$L=2\ ft\\W=3\ ft\\H=1\ ft$

Find the area of the base

$B=LW=(2)(3)=6\ ft^2$

Find the perimeter of the base

$P=2(L+W)=2(2+3)=10\ ft$

Find the surface area

$SA=2(6)+10(1)=22\ ft^2$

therefore

The least amount of fabric are 22 square feet

7 0

3 years ago

Read 2 more answers

5. Graph the given system of linear inequalities on the coordinate plane below. (2 points)sy <-3x - 4< 21-15NA11 2 3 4 5 6

xxTIMURxx [149]

ANSWERS

(5) Graph:

(6) Solutions: (-1, -5) and (-2, -7)

Not solutions: (1, 1) and (-4, -3)

EXPLANATION

(5) To graph this system, first, we have to graph each of the inequalities. Both are linear, so we have to graph each line with a dashed line - this is because they are "less than" the line, so the line is not included, and shade the area below each of them.

The first inequality is y < -3x-4,

The second inequality is y < 2x - 1,

The graph of the system is the area shared by both graphs,

(6) Any point that is inside the shaded area is a solution of the system. For example, points (-1, -5) and (-2,-7) are solutions to the system.

On the other hand, any point outside that area, or on the dashed lines is not a solution. For example, points (1, 1) and (-4, -3) are not solutions

8 0

1 year ago

I wrote this next piece with my nose, clap right now:hi i w35r0te tuiws vw3ith my nose