The correct answer is $40,000.
32,000 = 80% of 40,000
Answer:
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Answer:
I think its A
Step-by-step explanation:
Answer:
Assuming they bought the same shoes, $82.5
Step-by-step explanation:
80% of Original Shoe price = $82
Divide by 0.8 to find the original price.
82 / 0.8 = 102.5
102.5-20=82.5
Answer:
F = $11,421.90
Final value after 5 years F = $11,421.90
Complete question;
You purchased a vehicle for $32,000. It's value will depreciate at a rate of 18.62%. What will it's value be in 5 years, when you finally have it paid off
Step-by-step explanation:
Given;
Initial value P = $32,000
Depreciation rate r = 18.62% = 0.1862
Time t = 5
Final value = F
Using the compound depreciation formula;
F = P(1 - r)^t
Substituting the values;
F = $32,000(1 - 0.1862)^5
F = $11,421.90
Final value F = $11,421.90
