.23 and .24 is your answer.
Answer: sally initially has $240, Tom initially has $180.
Step-by-step explanation:
Let initial amount of money sally has = x
Then, initial amount tom has = 75% * x = 0.75x
Now to present,
Amount sally has = x -120
Amount tom has = [x - 120] + [50% * (x-120)]
= x - 120 + 0.5x - 180
= 1.5x - 180
Since Tom didn't spend, it means this is the same amount tom has then we equate both equations.
0.75x = 1.5x - 180
180 = 0.75x
x = 240
Therefore, initial money of sally of sally = $240
Initial money of tom = 240 * 0.75 = $180.
Answer:
No solutions
Step-by-step explanation:
Answer:The value of the bulldozer after 3 years is $121950
Step-by-step explanation:
We would apply the straight line depreciation method. In this method, the value of the asset(bulldozer) is reduced linearly over its useful life until it reaches its salvage value. The formula is expressed as
Annual depreciation expense =
(Cost of the asset - salvage value)/useful life of the asset.
From the given information,
Useful life = 23 years
Salvage value of the bulldozer = $14950
Cost of the new bulldozer is $138000
Therefore
Annual depreciation = (138000 - 14950)/ 23 = $5350
The value of the bulldozer at any point would be V. Therefore
5350 = (138000 - V)/ t
5350t = 138000 - V
V = 138000 - 5350t
The value of the bulldozer after 3 years would be
V = 138000 - 5350×3 = $121950
Answer:
319/1000= 0.319
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