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Svetradugi [14.3K]
3 years ago
6

A motorcycle bought for $10,000 depreciates continuously at 9% per annum. What is the value after seven years round the answer t

o the nearest dollar
Mathematics
1 answer:
Scilla [17]3 years ago
5 0

Answer:

Book value= $62.83

Step-by-step explanation:

Giving the following information:

A motorcycle bought for $10,000 depreciates continuously at 9% per annum.

<u>First, we need to calculate the depreciation of seven years:</u>

FV= PV*{[1+(-i/100)]^n}

FV= 10,000*{[1+(-0.09/100)]^7}

FV= $9937.17

Book value= 10,000 - 9,937.17

Book value= $62.83

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A cereal company is giving away 1 of 6 different prizes in each box of cereal. Describe a simulation you could use to estimate t
Nastasia [14]

Answer:

The appropriate simulation is a fair dice with each side representing one of the prizes

Step-by-step explanation:

Here we have a simulation with a fair dice

A fair dice is a cube with each of the six faces having a value of 1 to 6 and the probability of any face turning up is the same for all faces 1/6. That is all the chance that a 1 shows face up is 1/6 similarly, the probability that a 4 shows face up is 1/6.

Therefore, in the simulation, each face of the fair dice represent one of the prizes therefore the number of times the dice is thrown to get all six numbers is the number of boxes you need to get all the prize

At its simplest, a fair dice means that each of the faces has the same probability of landing facing up. A standard six-sided dice, for example, can be considered "fair" if each of the faces has a probability of 1/6.

Therefore to have all the prizes you need at least

\frac{6}{6}\times  \frac{5}{6}\times  \frac{4}{6}\times  \frac{3}{6}\times  \frac{2}{6}\times  \frac{1}{6} = \frac{5}{324}

or the chance of getting all the prices is 0.01543 or once in 1620 trials

That is 1620 boxes are needed to be sure of getting all 6 prizes.

8 0
3 years ago
If 1 mile equal to 1.61 kilometers, how many kilometers are there in 50 miles
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1m-1.61km
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What is the distributive property of 55+66​
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Answer:

Step-by-step explanation:

-11

8 0
3 years ago
Help please i realllyy need help
vredina [299]
2 and 5/8: You would go from the number the fraction is closest to, and then add the fraction itself.
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An incentive clause in Barry Bonds contract allows for a 3.4% bonus if he hits over 719 home runs in this season. His contract i
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3 years ago
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