Answer:
$13,793
Step-by-step explanation:
Kate purchased a car for $23,000. It will depreciate by a rate of 12% a year. What is the value of the car in 4 years. *
The formula for Depreciation rate =
y = a(1 - r) ^t
Where
y = Value of the car after t years
a = Initial value of the car = $23,000
t= time in years = 4 years
r = Depreciation rate = 12% = 0.12)
y = $23000 (1 - 0.12)⁴
y = $13792.99328
Approximately = $13,793:
Answer:
4.35 / 100 = 0.0435
Step-by-step explanation:
We find it useful to convert 4.35% to decimal, because if you need to find 4.35% of any number, you can simply multiply that number with 0.0435.
Answer:
Player 1's position is Player 2's position reflected across the y-axis; only the signs of the x-coordinates of Player 1 and Player 2 are different.
Step-by-step explanation:
When you reflect a point (x, y) across the y-axis, the y-coordinate remains the same, but the x-coordinate gets the opposite sign: it becomes (-x, y).
Thus, if a point P, say, (7,5) is reflected across the y-axis, its reflection P' becomes(-7,5)
Answer:
Korey expects to make in profits in his fifth year of operation : 15149.73 dollars
Step-by-step explanation:
the first year : 1000 *12=12000
for the nest four years :12000(1+0.06)^4 = 15149.73
Korey expects to make in profits in his fifth year of operation : 15149.73
