Answer:
The answer is either (3) or (4) because drawing a line of best fit and finding its gradient is going to give you a negative answer
So 110% of x is 880 means 1.1x=880
so 1.1x=880
multiply both sides by 10
11x=8800
divide both sides by 11
8800=88 times 100 88=8 times 11
8800/11=800
x=800
Answer:
1844/3
Step-by-step explanation:
Given:
Initial value = 25,000
depreciation = 15% per annum based on net book value
Net book value = 25,000 (1 - 0.15)^t
where t is the number of years
NBV = 25,000 (0.85)^5
NBV = 25,000 (0.4437)
NBV = 11,092.50
The approximate value of the car 5 years from date of purchase is 11,092.50
