The worth of the car after it is paid off 5 years later given the rate of exponential depreciation is $32,842.34.
<h3>What is the worth of the car?</h3>
When the car declines in value, it means that the car is depreciating. The formula that can be used to determine the value of the car with the depreciationn rate is:
FV = P (1 - r)^n
- FV = Future value
- P = Present value
- R = rate of decline
- N = number of years
$42,000 x (1 - 0.048)^5 = $32,842.34
To learn more about future value, please check: brainly.com/question/18760477
Answer:
The correct answer is actually B. x - 3y < 5
Step-by-step explanation:
Because you must convert the equation to y-intercept form first.
Which makes it y = 1/3x - 1.6
So y = 1.6 and using the slope of 1/3x you can find that x = 5
Answer:
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Step-by-step explanation:
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Answer:
Option C) 5.62 points
Step-by-step explanation:
We are given the following in the question:
Sample size, n = 20
Sample mean score = 64
Sample standard deviation, s = 12
Degree of freedom =
We have to calculate margin of error for a 95% confidence interval.
Formula for margin of error:
Putting the values, we get,
Thus, the correct answer is
Option C) 5.62 points
The z-score is 3, because 294-210=84; 84/28=3
