The value of the truck initially, Ao is
83000
1-0.16=0.84
1-0.26=0.74
After one year the value
Y=83,000×(0.84)=69,720
Y=83,000×(0.74)=61,420
When you compare the results you will see that the graph would fall at a faster rate to the right because the depreciation rate of 26% is higher than the depreciation rate of 16%
Hope it helps
Given Information:
Years = t = 35
Semi-annual deposits = P = $2,000
Compounding semi-annually = n = 2
Interest rate = i = 6.5%
Required Information
Accumulated amount = A = ?
Answer:
Accumulated amount = $515,827
Step-by-step explanation:
The future value of amount earned over period of 35 years and interest rate 6.5% with semi-annual deposits is given by
FV = PMT * ((1 + i/n)^nt - 1)/(i/n))
Where
n = 2
i = 0.065
t = 35
FV = 2000*((1 + 0.065/2)^2*35 - 1)/(0.065/2))
FV = 2,000*(257.91)
FV ≈ $515,827
Therefore, Anthony will have an amount of $515,827 when he retires in 35 years.
Answer:
5 = 1/4c
Step-by-step explanation:
Answer:
59
Step-by-step explanation:
(360-92-150)/2
= 118/2
= 59
Answered by GAUTHMATH
<h3><u>The value of x is equal to 1.</u></h3><h3><u>6(x + 2) = 20x - 2</u></h3>
<em><u>Distributive property.</u></em>
6x + 12 = 20x - 2
<em><u>Add 2 to both sides.</u></em>
6x + 14 = 20x
<em><u>Subtract 16x from both sides.</u></em>
14 = 14x
<em><u>Divide both sides by x.</u></em>
x = 1
