Answer:
Y=330,000(1.068)^t
Step-by-step explanation:
Answer:
15 years
Step-by-step explanation:
Since we're looking for time, we can use the formula t = A / Pr, which would be:
t = 6000/(7255 x 5.5%)
Converting the percentage into decimal form
t = 6000/(7255 x 0.055)
We can then solve to get:
t = 6000/399.025
t = 15.03665183...
Meaning it would take 15 years for an interest of 5.5% on $6,000 to reach $7,255. Not very worth $1,255 extra if you need that 6k for rent.
Original price = P = $12,698
Depreciation rate = r = 11% = 0.11
Time in years = t = 3
New price = A
The formula used will be:

Using the values, we get:
Thus, the worth of Suzuki after 3 years will be $8951.70
Answer: 2/8
explanation: because 6/8 plus 2/8 = 8/8