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musickatia [10]
2 years ago
6

Every year, a car loses 15% of the value it had the year before. If the car's initial value is $ 24,000, then how long will it t

ake for the car to be worth half of its value?
Mathematics
1 answer:
ella [17]2 years ago
8 0

Answer:

4.62 years

Step-by-step explanation:

Half the car's value =>$24,000/2 = $12,000

The formula for exponential decrease =

y = a(1 - r)^t

y = Initial value = $24,000

a = Value after time t = $12,000

r = Decrease rate = 15% = 0.15

t = time in years =??

Hence,

24,000 = 12000 ( 1 - 0.15)^t

Divide both sides by 12000

24000/12000 = 12000 ( 0.85)^t/ 12000

2 = 0.85^t

We take the logarithm of both sides

log 2 = log (0.85)^t

log 2 = t log 0.85

Divide both sides by log 0.85

t = log 2/log 0.85

t = 4.62098120373 years

Approximately = 4.62 years

It would take 4.62 years to be worth half the initial price

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2 years ago
John has $12. Tony has twice as much as John. Eric has $4 less than Tony. How much money does Eric have?​
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Answer:

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John=$12

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sergiy2304 [10]

Answer:

Step-by-step explanation:

Hello!

The variable is:

X: number of coursers taken by students during Fall 19 semester at California University that provide an e-texbook option.

The following data represents the number of courses and their point probabilities:

X:     0; 1;    2;       3;      4;     5

P(X): ? ; ?; 0.30; 0.25; 0.15; 0.10

First step is to calculate the missing point probabilities corresponding to observations X=0 and X=1

Now remember that the total sum of probabilities of a variable is 1.

So P(0) + P(1) + P(2) + P(3) + P(4) + P(5) = 1

P(0) + P(1) + 0.30 + 0.25 + 0.15 + 0.10 = 1

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Now acording to the text, the probability that 1 course offers an e-book option is three times as likely as the probability of 0 courses offerig it.

If P(0)= x then P(1)= 3x, then:

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P(X): 0.05 ;0.15 ; 0.30; 0.25; 0.15; 0.10

F(X): 0.05; 0.2   ; 0.5  ; 0.75; 0.90;   1

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I hope it helps!

3 0
3 years ago
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