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arsen [322]
2 years ago
9

"You purchase a vintage car for $140,000 and it appreciates (i.E. Increases in value) by 4% annually. How much will the car be w

orth in 10 years?"
Mathematics
1 answer:
Vlada [557]2 years ago
5 0

Answer:

Future Value= $207,234.2

Step-by-step explanation:

Giving the following formula:

Initial value (PV)= $140,000

Appreciation rate (r)= 4% = 0.04

Number of years (n)= 10

<u>To calculate the future value of the car after ten years, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 140,000*(1.04^10)

FV= $207,234.2

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  109°

Step-by-step explanation:

You always start a problem by taking a careful look at the information given and how it relates to what is asked. Here, the key information is in the symbols marking the lines PQ and RS. They are parallel.

This means segments QR and PS are transversals. Marked angle 41° will be an "alternate interior angle" with angle TPQ, so angle TPQ is also 41°.

The desired angle, PTR, is an exterior angle to ΔQTP, so its measure is the sum of remote interior angles TQP (68°) and TPQ (41°). That is, ...

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Wes measures the floor area of rectangular living room to replace the carpet with tiles. The room is 12.4 feet long and 9.8 feet
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George bought socks for "$"300 and planned to sell them for $6 a pair. write an inequality to find the minimum number of socks h
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The inequality <u>6s - 300 > 210</u> represents the minimum number of socks (s) when George bought socks for "$"300 and planned to sell them for $6 a pair, and want to make a profit of more than 210.

In the question, we are given that George bought socks for $300.

Therefore, George's total cost = $300.

We assume the number of pairs of socks George sells to be s.

The unit price per pair quoted by George = $6

Therefore, George's total sales = $6s.

We know that the profit over a transaction is given as the difference between sales and costs, that is,

The profit = The total sales - the total costs,

or, profit = 6s - 300.

In the question, we are required to make a profit of more than 210.

This can be shown by the inequality,

6s - 300 > 210.

Thus, the inequality <u>6s - 300 > 210</u> represents the minimum number of socks (s) when George bought socks for "$"300 and planned to sell them for $6 a pair, and want to make a profit of more than 210.

Learn more about inequalities at

brainly.com/question/24372553

#SPJ4

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