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Answer:
the savings is 6000
Step-by-step explanation:
We are told that the ratio of savings to expenditure is 2: 8, that is, that person saves 2 when he spends 8.
They tell us to find the savings when the cost is 24,000, so we are left with:
24000 * 2/8 = 6000
which means that when 24000 are spent the savings is 6000
The 32,500 is the original cost of the truck and the (0.92) You take v(x)=32,500(0.92)
and raise that to the 2nd power, to represent the 2nd year and you will get an answer of $27,300.
Each year the truck is losing $2,600 in value, after two years the truck has lost $5,200 in value equalling
= $27,300
Yes, and it would be 378,972
Explanation: