Answer:
$9052
Step-by-step explanation:
a= starting car price
(1-r)= exponential decay
r= rate
t= # of years
Equation:
a(1-r)^t
Plug in the numbers.
a= 24000 r=15%=0.15 (1-r)= 1-0.15 = 0.85
a(1-r)^t = 24000(0.85)^6
= 24000(0.37714951562)
= 9051.588375
= 9052
Yes they are all proportional
Answer:
450
Step-by-step explanation:
Answer: Both 4 barrels and 7 barrels of beer per crates of olives will allow both Germany and Portugal to gain from trade.
Step-by-step explanation: For every 1 crate of olives produced by Portugal, they will not be able to produce 3 barrels of beer in return. Therefore, for portugal to trade a crate of olives for barrels of beer more than 3 means they are gaining on the trade, in this case, they gain 1 (option A) and 4(option B) extra barrels of beer for every crate of olive traded with Germany. Likewise Germany gains in both cases because any exchange of barrels of beer that is less than 11 barrels of beer to a crate of olives is a gain for Germany. Therefore both 4 barrels and 7 barrels for a crate of olives will lead to both countries gaining.
