Answer:
7 years
Step-by-step explanation:
The depreciation rate of 12% using the declining balance method means the car is worth 12% less at the end of the year than it was worth at the beginning. That is, each year the value is multiplied by (1 -12%) = 0.88. So, after n years, the value has been multiplied by 0.88^n.
We want to find n such that ...
7600 = 18600·0.88^n
7600/18600 = 0.88^n
log(76/186) = n·log(0.88)
log(76/186)/log(0.88) = n ≈ 7.00
It will take 7 years for the value of the car to decline to $7600.
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<em>Comment on declining balance depreciation</em>
Often, you will see declining balance depreciation specified in terms of an acceleration factor (often 150% or 200% ("double declining balance")) and a useful life. As with any depreciation, what is depreciated is the difference between the initial value and the salvage value. The percentage rate quoted above is essentially calculated as ...
(acceleration factor)/(useful life) = depreciation rate per year
One way to get a 12% depreciation rate is using an acceleration factor of 150% and a useful life of 12.5 years (with a salvage value of 0).
I believe the answer is 4.3
Hope I helped : )
Answer:
I hope this makes sense, sorry for the lack of proofs.
Step-by-step explanation:
It is given that S is the midpoint of line QT. The definition of a midpoint is that it bisects the line it is on. So, line QS and line TS are congruent, or the same.
Now, we also know that line QR and line TU are parallel. Because they are parallel, it means that they form congruent corners with lines QS and TS..I think the proof here is "angles opposite to congruent sides are congruent in a triangle." But I'm not sure if this is right. Anyways, this means angles RQS and UTS are congruent.
There's also some proof that when two lines cross, the opposite angles are congruent. This means that angles TSU and QSR are congruent.
Therefore, by ASA (angle-side-angle) ΔQRS ≅ ΔTUS.
The colored sheets of paper will cost $1.25 and the package of stickers will cost $3.75. Together before sales tax her total is $5.00.
