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2 answers:
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Answer:
The amount the car will be worth after 6 years is £21,917 and 22 pence
Step-by-step explanation:
The amount for which Colin buys the car, PV = £28,100
The amount by which the car depreciates each year, r = 4%
The number of years after which the value of the car is sought, n = 6 years
The future value, FV, based on an annual depreciation is given as follows;
Substituting the known values gives;
Therefore, the amount the car will be worth after 6 years, future value FV₆ = £21,917 and 22 pence
Answer:
see below
Step-by-step explanation:
In the system of equations, x represents the, price to wash a car and y represents the price to wash an SUV.
If the system of equations is graphed in a coordinate plane, the coordinates (x, y) of the intersection of the two lines are the price of the car wash (x) and the price of the SUV wash (y)______.
x=12 and y = 18
x+y = 12+18 = 30
The total cost of 1 car and 1 SUV is $_30____.
5x+4y = 5(12)+4(18) = 60+ 72 =132
The total earnings for hour 3 are $_132_____.
