Hi i need help with this quiz its not timed but i need it in before tomorrows class here a screen shot please helppppppp
1 answer:
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Answer:
<em>2,136,605</em>
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Step-by-step explanation:
To estimate growth, we use the formula shown below:
Where
F is the future amount (we want to find for Jan 2024)
P is the present amount (present population of 1,988,817)
r is the rate of growth (0.9% means 0.009)
t is the time in years (from Jan 2016 to Jan 2024 is 8 years, t = 8)
<em>Let's put these into the formula and figure out F:</em>
<em></em>
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<em>Rounding we get the population in Jan 2024 to be </em><em>2,136,605</em>
the value of the car will be 3250 after 5 years
Step-by-step explanation:
the value of the car = 13000
rate of interest = 15%
time = 5 years
in 5 years the car will depreciates = 13000 X 15% X 5
=
= 9750
after 5 years the value of the car is = 13000 - 9750 = 3250