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Yuri [45]
3 years ago
14

Find the value of a 7-year-old car if the purchase price was $25,000 and it depreciates at a rate of 8% per year. Round your ans

wer to the nearest hundredth.
Mathematics
1 answer:
Assoli18 [71]3 years ago
7 0

Answer:

.............

I just need the points..........

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1400 dollars is placed in an account with an annual interest rate of 5.5%. to the nearest year, how long will it take for the ac
olga_2 [115]

It will take 19 years and 6 months for the account value to reach 2900 dollars

Step-by-step explanation:

Given

Principal amount = 1400 dollars

Rate = 5.5 %

Final value = A = 2900

We have to find t

So,

The formula for simple interest is:

A = P(1+rt)

Putting values

2900 = 1400(1+0.055.t)\\\frac{2900}[1400} = 1+0.055t\\2.071 = 1+0.055t\\2.071-1=0.055t\\1.071 =0.055t

Dividing both sides by 0.055

\frac{0.055t}{0.055} = \frac{1.071}{0.055}\\t = 19.47\ years

Rounding off to nearest tenth

19.5 years

Hence,

It will take 19 years and 6 months for the account value to reach 2900 dollars

Keywords: Interest, simple interest

Learn more about interest at:

  • brainly.com/question/2654504
  • brainly.com/question/2654231

#LearnwithBrainly

6 0
3 years ago
$46 shoes; 2.9% tax what is the answer?
Dominik [7]
59.34 ---------------
4 0
3 years ago
Read 2 more answers
Suppose that f(x) is an EVEN function and let the integral f(x) dx from 0 to 1=5 and the integral f(x) dx from 0 to 7 =1. What i
Cerrena [4.2K]
<span>Since it's even, the integral from -7 to -1 is the same as the integral from 1 to 7.
</span><span>think about
x^2 from 0..1,its 1/3
from 0..7 its 7^3/3
from -1..7 its 7^3/3+1/3
</span>
<span>from -7..-1 of x^2 its -1/3+7^3/3 to get this without integrating we just do 7^3/3-1/3 which is the integral from 0..7 minus the integral from 0..1
</span><span>So the integral from 1 to 0 f(x) dx = 5 changes to the integral from 0 to 1 f(x) dx = -5 and you add it to the integral from 0 to 7 which is 1 making -4</span>
4 0
3 years ago
How can i find values if h(-4) h(x)=1/2x-1???
anzhelika [568]

plug in -4 in for x. then solve.

h(-4)=1/2(-4)-1

h(-4)= -3

6 0
3 years ago
A map scale shows a scale of 1 inch = 50 miles. How many miles are represented by 4.5 inches on the map?
a_sh-v [17]

Answer:

Step-by-step explanation:

take 50*4.5 and you'll get your answer

7 0
2 years ago
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