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:
30240
Step-by-step explanation:
There are 10 possibilities for the first time slot.
After that, there are 9 possibilities for the second time slot.
So on and so forth.
The number of ways five time slots can be assigned is:
10×9×8×7×6 = 30240
Or, using permutation notation, ₁₀P₅.
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Answer:
choce 3
Step-by-step explanation:
you can add n = 1,2,3,4 ....
you will receive the values as 1, 1/2, 1/4, 1/7
........
a⁰ = 1
5⁰ = 1