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
Answer:
84.5 m
Step-by-step explanation:
It is often helpful to draw a diagram for word problems involving geometric relationships. One for this problem is shown below.
The mnemonic SOH CAH TOA reminds you of the relationship between sides of a right triangle:
Tan = Opposite/Adjacent
Here we're given angles of depression measured from the horizontal (as shown in the diagram), but it is more convenient to use angles measured from the vertical. In particular, ∠BAO is the complement of 60°, and its tangent is the ratio OB/OA:
tan(30°) = OB/OA
OB = (200 m)·tan(30°) ≈ 115.47 m . . . . . . multiply by OA, use OA=200 m
Likewise, we have ...
OC = (200 m)·tan(45°) = 200 m
Then the width of the river is the difference between these values:
BC = OC -OB = 200 m - 115.47 m = 84.53 m
Get all the x terms on one side, and the w on the other.
Add 37x on both sides to get 56x+rx=w.
Use the distributive property backwards to get x(56+r)=w.
Divide by 56+r on both sides to get x=w/(56+r)
A thrift is a kind of bank that arranges mortgages (mostly for home ownership) and sets up accounts to receive deposits.
The statement is actually false. The difference is in who they can borrow from and whether or not they are set up for profit. Thrifts are usually non profit.