Ask question

Ask question

All categories

2 years ago

11

A new car is purchased for 20800 dollars. the value of the car depreciates at 10.75% per year. What will the value of the car be

, to the nearest cent, after 13 years?

2 answers:

labwork [276]2 years ago

7 0

The answer is 29,068 cause you to do I =p•r•t

NeX [460]2 years ago

6 0

Answer: $4742.10

Step-by-step explanation:

Exponential depreciation formula :-

$y=A(1-r)^t$ , where y is the value of good after t years , r is rate of depreciation and A is the initial value.

Given : A= $20800 ; r=10.75%=0.1075

The equation models this situation:

$y=20800(1-0.1075)^t=20800(0.8925)^t$

Then, the value of car after t=13 years :-

$y=20800(0.8925)^{13}=4742.09507708\approx4742.10$

Hence, the value of car after 13 years = $4742.10

You might be interested in

When a certain basketball player takes his first shot in a game he succeeds with probability 1/2. If he misses his first shot, h

Gnom [1K]

Answer:

we are given

basketball player Chauncey Billups of the Detroit Pistons makes free throw shots 88% of the time

so, probability of making shot is

=88%

so, p=0.88

To find the probability of missing first shot and making the second shot

so, we can use formula

probability = p(1-p)

now, we can plug values

we get

So, the probability that he misses his first shot and makes the second is 0.1056........Answer

Step-by-step explanation:

3 0

2 years ago

In triangle RST, U is the midpoint of RS, V is the midpoint of ST, and W is the midpoint of TR. Use the triangle diagram to answ

Zolol [24]

(1)

we are given

U is the midpoint of RS

and we have

$RU=12$

so, we can use formula

$RS=2RU$

we can plug values

$RS=2\times 12$

$RS=24$ ............Answer

(2)

V is the midpoint of ST

so, we get

$SV=VT$

now, we can plug values

$2x=11$

divide both sides by 2

$x=5.5$ .........Answer

(3)

now, we can find y

W is the midpoint of TR

so, we get

$RW=WT$

we can plug value

$15.9=3y$

divide both sides by 3

$y=5.3$

(4)

we can see that

triangles URW and RST are similar

so, their sides ratios must be equal

so, we get

$\frac{RW}{RT} =\frac{UW}{ST}$

we can plug values

$\frac{15.9}{2\times 15.9} =\frac{UW}{2VT}$

$\frac{15.9}{2\times 15.9} =\frac{UW}{2\times 11}$

$UW=22\times \frac{15.9}{2\times 15.9}$

$UW=11$ ...........Answer

(5)

we can see that

triangles SUV and RST are similar

so, their sides ratios must be equal

so, we get

$\frac{SU}{SR} =\frac{UV}{RT}$

now, we can plug values

$\frac{12}{2\times 12} =\frac{UV}{2\times 15.9}$

$UV=2\times 15.9\times \frac{12}{2\times 12}$

$UV=15.9$ .............Answer

4 0

2 years ago

kinsey earns $54,625 a year. she purchases a snowmobile for $12,005. how much of kinsey's yearly earnings does she have left?

pickupchik [31]

The answer would be $42,620. All you have to do is subtract.

8 0

1 year ago

Read 2 more answers

Roberto's toy car travels at 30 centimeters per second (cm/sec) at high speed and 20 cm/sec at low speed. If the car travels for

igomit [66]

Answer:

1200 cm

Step-by-step explanation:

3 0

2 years ago

Read 2 more answers

(-45-24v^2+v^4-22v-6v^3)/(v-9)

Yuliya22 [10]

Answer:

If my 15 year old brain has functioned correctly, the answer is v^3+3v^2+3v+5

Step-by-step explanation:

7 0

2 years ago