Answer:
The value of Car B will become greater than the value of car A during the fifth year.
Step-by-step explanation:
Note: See the attached excel file for calculation of beginning and ending values of Cars A and B.
In the attached excel file, the following are used:
Annual Depreciation expense of Car A = Initial value of Car A * Depreciates rate of Car A = 30,000 * 20% = 6,000
Annual Depreciation expense of Car B from Year 1 to Year 6 = Initial value of Car B * Depreciates rate of Car B = 20,000 * 15% = 3,000
Annual Depreciation expense of Car B in Year 7 = Beginning value of Car B in Year 7 = 2,000
Conclusion
Since the 8,000 Beginning value of Car B in Year 5 is greater than the 6,000 Beginning value of Car A in Year 5, it therefore implies that the value Car B becomes greater than the value of car A during the fifth year.
Answer:
you do not have to state explicitly which limit law(s) you are using. 1 - 5n ... Q: 9) n(x) = 2x - 2 g(x)= x2 + 5 Find h(g(1) A) 5 B) 10 C) 21 D) 40.
Step-by-step explanation:
The final amount in the account after 25 years is $24670.42.
<h3>
How do you calculate the final Amount after 25 Years?</h3>
Given that 3400 dollars are placed in an account with an annual interest rate of 8.25% for 25 years.
The final amount in the account is calculated by the formula given below.
Where A is the final amount, P is the initial principal balance, R is the interest rate, T is the time period.
The final amount is given below.
Hence we can conclude that the final amount in the account after 25 years is $24670.42.
To know more about the compound interest, follow the link given below.
brainly.com/question/25857212.
I believe the answer is 2
