<h3><u>The function that represents the price P of the car after x years is:</u></h3>
<em><u>Solution:</u></em>
<em><u>The decreasing function is given as:</u></em>
Where,
y is future value
a is initial value
r is decreasing rate in decimal
t is time period
From given,
a = 25000
number of years = x
future value = P
Therefore,
Thus the function is found
Step-by-step explanation:
-x+5+6x-7x-14
6x-8x+5-14
-2x-9
Answer:
1. Equation is x - 5 = 8
x = 13
2. Equation is 4x - 4 = 10
x = 3.5
3. Equation is x/4 = 8
x = 32
4. Equation is 5x = 10
x = 2
5. Equation is x - 5 / 2 = 14
x = 33
6. Equation is 4x / 5 = 10
x = 12.5
7. Equation is 2x - 10 = 8
x = 9
8. Equation is 3x + 6 / 3 = 10
x = 8
9. Equation x + 8 / 4 = 14
x = 48
This can be calculated using the formula:
P = L((r/n)*(1 + r/n)^(n*t))/((1 + r/n)^(n*t) - 1)
Where:
L = 4759
r = 0.209
n = 12
t = 3
So plugging in our data:P = 4759((0.209/12)*(1 + 0.209/12)^(12*3))/((1 + 0.209/12)^(12*3) - 1)
Which will give us the amount of: $179.05 is the monthly repayments.
Other info:
Total interest:$1,686.80
Total cost:$6,445.80
Answer:
>
Step-by-step explanation:
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