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
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

You might be interested in
Beau buys a 3-pound bag of trail mix for a hike. He wants to make one-ounce bags for his friends with whom he is hiking. How man
den301095 [7]
1 pound = 16 ounces

3 pounds = 3*16 ounces
3 pounds= 48 ounces

So, he can make 48 one-ounce bags
4 0
3 years ago
Evaluate the expression 43/23
ivanzaharov [21]
That would be 43 divided by 23 which would equal 1.8695
3 0
3 years ago
How to solve a mixed number fraction
lesantik [10]
You find a common denominator (the bottom one) and then add the numerator (the top) but you don't add the denominator, you just make it the same
8 0
3 years ago
10. The value of the 8th term is 78.
Yuri [45]

Answer: The answer is 88

Step-by-step explanation: It is recursive because you can add 78+10=88

5 0
3 years ago
A shipping box is the shape a cube. Each side measures 3c^6d^2 inches. Express the volume of the cube as a monomial?
Maurinko [17]
I hope this helps you

3 0
3 years ago
Read 2 more answers
Other questions:
  • What property is shown in the equation<br><br> a(b * c) = ( a * b)c
    13·2 answers
  • M + 3 / 5 is equal to 7 / 5 ​
    5·1 answer
  • How do you compare two-way frequencies in a relative frequency table
    5·1 answer
  • The amount of rainfall in January in a certain city is normally distributed with a mean of 4.2 inches and a standard deviation o
    8·1 answer
  • A high school mathematics teacher can grade a set of exams in 7 hours working alone. If their student teacher helps​ them, it wi
    5·1 answer
  • I need this for my math homework quickly! Thanks!!!
    7·1 answer
  • How much more of his allowance did Nathan spend on the
    14·1 answer
  • Select the correct graph of ABC<br><br> Giving brainliest
    11·2 answers
  • The population of a town in 2007 is 113, 505
    6·1 answer
  • 12 rolls of paper towels cost $5.00, while 3 rolls cost $2.00. (Assume the rolls are the same size / have the same number of she
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!