Answer:
Future Value = $ 12528.15
Step-by-step explanation:
The depreciation is applied to the car annually. The value of the car after depreciation in "n" no. of years can be given by the following formula:
where,
Future Value = ?
Present Value = $ 24000
Depreciation Rate = 15% = 0.15
n = no. of years = 4
Therefore,
<u>Future Value = $ 12528.15</u>
Answer:
<u>84 students </u>
Step-by-step explanation:
See the attached table
As shown there are 20 students from Math club, 7 of them would like to choose calculators.
so, the probability of students who choose calculators = 7/20
If there are 240 students in the Math club
So, the number of students expected to choose calculators = 240 * 7/20
<u>So, the number of students = 84 students </u>
