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Ilya [14]
2 years ago
5

Lyle bought a baseball card for $800. If the value of the card decreases by 1.5% each year, find the value of the card after 12

year
A)615.92
B)642.85
C)667.31
D)683.72
Mathematics
1 answer:
allsm [11]2 years ago
6 0

Answer:

FV= $669.11

Step-by-step explanation:

Giving the following information:

Purchase price (PV)= $800

Decrease value (d)= 1.5% per year

Number of periods (n)= 12 years

<u>To calculate the value of the card after 12 years, we need to use the following formula:</u>

FV= PV / (1 + d)^n

FV= 800 / (1.015^12)

FV= $669.11

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7 0
3 years ago
What is the graph of the linear inequality y≤−3x+4?
tatiyna

Answer:

It would look like the picture I attached at the bottom.

Step-by-step explanation:

We know that the slope is -3 and the y intercept is (0,4) (plugging in 0 for x will get you that point), and then you can just graph an equation like you normally would, using rise/run to go down 3 units for every one unit you go right, and plugging in easy x values to check your work.

It gets a little tricky because the question then adds the inequality, and we see that y is now less than <em>or equal to </em>the original equation.

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5 0
3 years ago
HELP THIS IS WORTH 40 POINTS Lucy has a jewelry business. To make a certain necklace, she spends $3.38 on materials and $5.57 on
ankoles [38]
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7 0
3 years ago
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Solution,

or, m - 3n = 16

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or, m - 24 = 16

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8 0
1 year ago
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OLEGan [10]

Answer:

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Step-by-step explanation:

We want to find

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6 0
2 years ago
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