<u>Answer:</u>
$593.26
<u>Step-by-step explanation:</u>
We know that the price of the laptop is $2500 and each year its resale value decreases by 25%. It means that 100 - 25 = 75% of the value is retained every year for the resale.
So, the resale value for 1st year = $1875
for 2nd year = $1406.25
for 3rd year = $1054.7
for 4th year = $791.01
for 5th year = $593.25
Or we can use the following formula to find its resale value after 5 years:
$593.26
Answer:
1987.2
Step-by-step explanation:
We can write a proportion to find the total amount in the choir using the information given. A proportion is two equivalent ratios set equal to each other. Since we know the strength of students increased by 8% to 2160 then the original was 92%.
We will cross multiply the numerator of one ratio with denominator of the other. And then solve for y.
92(2160)=100(y)
198720=100y
y=1987.2
There are 1987.2 as the original strength of students.