Ansh has a 9m 4 cm rope with him. He cut it into two parts .If the length of one part is 6 m 80 cm , what is the length of other
2 answers:
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<u>Answer:</u>
The amount lost over the 3 years s 2567.25£
<u>Explanation:</u>
where F = final value after n years
I = initial value of the car in 2017 = £18000 (given)
Since the value is depreciated 5% every year for 3 years,
r = percentage rate of depreciation = 5% (given)
n = 3 years
Substituting these values in formula, we get
=
= 15432.75£ which is the value of the car after 3 years
Finally 18000-15432.75 = 2567.25£ is the amount lost over this period.
Answer:
The value of first coin will be $151.51 more than second coin in 15 years.
Step-by-step explanation:
You have just purchased two coins at a price of $670 each.
You believe that first coin's value will increase at a rate of 7.1% and second coin's value 6.5% per year.
We have to calculate the first coin's value after 15 years by using the formula
Where A = Future value
P = Present value
r = rate of interest
n = time in years
Now we put the values
A = (670)(2.797964)
A = 1874.635622 ≈ $1874.64
Now we will calculate the value of second coin.
A = 670 × 2.571841
A = $1723.13
The difference of the value after 15 years = 1874.64 - 1723.13 = $151.51
The value of first coin will be $151.51 more than second coin in 15 years.