The worth of the car after it is paid off 5 years later given the rate of exponential depreciation is $32,842.34.
<h3>What is the worth of the car?</h3>
When the car declines in value, it means that the car is depreciating. The formula that can be used to determine the value of the car with the depreciationn rate is:
FV = P (1 - r)^n
- FV = Future value
- P = Present value
- R = rate of decline
- N = number of years
$42,000 x (1 - 0.048)^5 = $32,842.34
To learn more about future value, please check: brainly.com/question/18760477
Answer:
To find the answer to these questions, you normaly divide the distance by the time, and then you know how long it took and multiply it by the new distance.
Step-by-step explanation:
110/10=11
to jog one mile it took her 11 minutes
Answer:
6 1/2
Step-by-step explanation:
change 1 4/9 into a improper fraction, which is 13/9, and when dividing fractions flip the second number upside down then multiply. 13/9 times -2/9 is -117/18. simplify, which is 13/2, which is also equal to 6 1/2. hope this helped
It’s the mean!
good luck!!
Answer:
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