The approximate original price of the car is $23032
<h3>How to determine the original price?</h3>
The given parameters are:
Rate, r = 8%
Price at 4 years old = 16,500
An exponential function is represented as:
y = a(1 - r)^x
Where a represents the initial value
This gives
y = a(1 - 8%)^x
Evaluate
y = a(0.92)^x
At 4 years old, we have:
16500 = a(0.92)^4
Divide both sides by (0.92)^4
a = 23032
Hence, the approximate original price of the car is $23032
Read more about exponential function at:
brainly.com/question/11464095
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Based on the streams of income that Li Wei has, we can calculate that he has a total passive income of <u>$3,010.</u>
Passive income refers to income that is made without a person actively involving themselves in the activity generating the income.
In this scenario, the passive income sources are:
- Stock dividends
- Business investment interest
- Royalties from a novel
Total passive income therefore is:
= 530 + 1,080 + 1,400
= $3,010
In conclusion, the total passive income is $3,010.
<em>Find out more at brainly.com/question/1246309. </em>
Answer:
A
Step-by-step explanation:
The opposite of 6 IS -6
Answer:
the answer is c
Step-by-step explanation:
Median as there is an outlier (anomaly)
