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cricket20 [7]
2 years ago
15

Can someone help me please?

Mathematics
1 answer:
HACTEHA [7]2 years ago
5 0
Add all the numbers my friend
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The method used by credit card companies to calculate finance charges in which it is most favorable to the card issuer is the previous balance method. This is computed by charging the interest into the new billing period. This is least favorable to cardholder thus, most favorable to card issuer.
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2 years ago
A powerful computer is purchased for $2000, but loses 20% of its value each year. How much will it be worth 4 years from now?
Jet001 [13]

Answer:

(A)Decay

(b)0.8

(c)First Term

(d)f(t)=2000(0.8)^t

(e)$819.20

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A(t)=A_o(1\pm r)^t,

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Plus indicates growth and minus indicates decay.

A_o$ is the Initial Value\\r is the growth/decay rate\\t is the time period

For a powerful computer that was purchased for $2000, but loses 20% of its value each year.

(a)Since it loses value, it is a decay.

(b)Multiplier

Its value decays by 20%.

Therefore, our multiplier(1-r) =(1-20&)=1-0.2

Multiplier =0.8

(c)$2000 is our First term (or Initial Value A_o)

(d)The function for this problem is therefore:

f(t)=f_o(1- r)^t\\f(t)=2000(1- 0.2)^t\\\\f(t)=2000(0.8)^t

(e)Since we require the worth of the computer after 4 years,

t=4 years

f(4)=2000(0.8)^4\\f(4)=\$819.20

6 0
2 years ago
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