Answer:
Time taken n = 19 years (Approx)
Step-by-step explanation:
Given:
Amount of car P = $27,500
Decrease rate r = 15% = 0.15
Final amount A = $1,254
Find:
Time taken n
Computation:
A = P[1-r]ⁿ
1,254 = 27,500[1-0.15]ⁿ
0.0456 = [0.85]ⁿ
Time taken n = 19 years (Approx)
The best answer I believe is t - 2
Answer:
2400
Step-by-step explanation:
2244 is the final price. it includes the VAT based on the actual sale price. and that is then actually 15% lower than the originally marked price.
so, let's calculate backwards :
2244 = 100% sale price + 10% VAT = 110%
1% = 2244 / 110 = 20.40
100% (actual sale price) = 20.40×100 = 2040
now, because of the 15% discount, these 2040 are only 85% of the originally marked price.
2040 = 85%
1% = 2040 / 85 = 24.00
100% (the original marked price) = 24×100 = 2400
