Answer:
($3.90)(12) - (2)($3.90) = 39.00
39.00/12 = 3.25 per pretzel
Step-by-step explanation:
The premium will cover 14,400 dollars over the course of 5 years.
Your x values are 1.24 and -0.404.
First you need to make the equation equal 0, and you can do this simply by subtracting 5x, so you get
6x² - 3 - 5x = 0
The quadratic formula is (-b +- √b² - 4ac)/2a, where a is the x², b is the x, and c is the value. This means we can just substitute it in.
You find the value of the part inside the square root, which is -5² - 4 × 6 × -3 = 97. Now we can use this to substitute in to (5 +- √97)/12. We can do it with the plus sign, and get 1.24, and then with the subtract sign and get -0.404.
I hope this helps!
Answer:
Step-by-step explanation:
we know that
The formula to calculate the depreciated value is equal to
where
V is the depreciated value
P is the original value
r is the rate of depreciation in decimal
x is Number of Time Periods
in this problem we have
substitute in the formula
