1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dennis_Churaev [7]
3 years ago
11

Yvonne bought a car for $10,300. After 3 years, the value of the car was $6,250. The value of this car decreases exponentially o

ver time. In approximately what number of additional months will the value of Yvonne’s car be 50% of the price she originally paid?
Mathematics
1 answer:
Likurg_2 [28]3 years ago
6 0

Answer:

A = $44,778.84

A = P + I where

P (principal) = $10,300.00

I (interest) = $34,478.84 or 12 months

Step-by-step explanation:

Given: Yvonne bought a car for $10,300. After 3 years, the value of the car was $6,250. 50%

To find: In approximately what number of additional months will the value of Yvonne’s car be 50% of the price she originally paid?

Formula: (\frac{interest rate}{number of payments}) × loan principal = interest

Solution:  Divide your interest rate by the number of payments you’ll make in the year (interest rates are expressed annually). So, for example, if you’re making monthly payments, divide by 12. Multiply it by the balance of your loan, which for the first payment, will be your whole principal amount.

(This gives you the amount of interest you pay the first month.)

First, convert R as a percent to r as a decimal

r = R/100

r = 50/100

r = 0.5 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 10,300.00(1 + 0.5/12)(12)(3)

A = 10,300.00(1 + 0.041666667)(36)

A = $44,778.84

Henceforth:

The total amount accrued, principal plus interest, with compound interest on a principal of $10,300.00 at a rate of 50% per year compounded 12 times per year over 3 years is $44,778.84.

You might be interested in
Please find the surface area.
nevsk [136]

Answer:

multiply the givens. use a calculator

7 0
3 years ago
How many time does 1/9 go in to 2
Hitman42 [59]
It goes into 2 18 times
5 0
3 years ago
What fraction of an hour is 56 minutes?<br> Give your answer in its simplest form.
d1i1m1o1n [39]

Answer:

\frac{14}{15}

Step-by-step explanation:

There are 60 minutes in an hour, thus

56 minutes = \frac{56}{60} of an hour

To simplify divide 56 and 60 by 4

56 minutes = \frac{14}{15} ← in simplest form

5 0
3 years ago
A T-shirt department store cost 7.50.the total cost in dollar of a T-shirt is givien by the function C(a)=7.5a
tigry1 [53]

Given cost function C(a) = 7.5a, where a is the number of T-shirts.

Let us complete table.

We need to plug a=1,2,3,4 in above function to get the costs to complete the table.

For a =1

C(1)= 7.5(1) = 7.50

For a =2

C(2)= 7.5(2) = 15.00

For a =3

C(3)= 7.5(3) = 22.50

For a = 4

C(4)= 7.5(1) = 30.00

In order to find the common difference we need to find the diffrences of costs 15-7.50 = 7.50

22.50-15.00=7.50.

<h3>Therefore, common difference is 7.5.</h3>

a represents the number of T-shirts.

Domain of a is the numbers we can take for a.

So, we can take value for a as 0 or greater value.

Therefore, domain for a would be a is gerater than or equal to 0.

<h3>Domain : a≥0</h3>

6 0
3 years ago
Which of the following best describes the slope of the line graph below
vlada-n [284]
The answer would be 0, as the slope of a line is definite as it pitch, or rate of increase. So if the line were going up to the right it would be positive, to the left, negative. An undefined slope would be the exact opposite of that slope. The slope you have, when written in y=mx+b is y=4
6 0
3 years ago
Read 2 more answers
Other questions:
  • 10 out of every 65 students order pizza for lunch. There are 416 students at her school. How many students will eat pizza at her
    6·1 answer
  • For every of an hour that the turtle is crawling, he can travel of a mile. At what unit rate is the turtle crawling?
    7·1 answer
  • How many kilometers can a car travel in 12 hours
    14·2 answers
  • Gina has $72 in $1 bills, $5 bills, and $20 bills. If she has three times as many $1 bills as she has $5 bills, and only half as
    8·1 answer
  • The volume of one prism is known, along with the height
    14·2 answers
  • Bring the fraction 12/y−x to a denominator of x−y<br><br> i would really appreciate it thx
    9·1 answer
  • Someone please help me with number 16​
    12·1 answer
  • A new shirt for Samantha has a price of $99.75. Since there is no PST on children's clothes, the only tax she has to pay is 5% G
    15·1 answer
  • 3 + 8 &gt; 27<br> Helppp lolllhshsdhfbdb
    10·2 answers
  • Help please! I have to answer what is wrong with this ,but I am getting really confused.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!