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:
5000 dollars
Step-by-step explanation:
Let his budget be x
16% of x is 800 dollars
.16 * x = 800
Divide each side by .16
.16x/.16 = 800/.16
x=5000
His budget is 5000 dollars
Answer:
2/5
Step-by-step explanation:
2/5=4/10
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We are given –
- And also value of y's given. So, just put the value of y in the given equation.
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- Henceforth, value of x is 7.
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Answer:(6,-2)
Step-by-step explanation:
M is the midpoint of AB then ,
M =
,
,
,
so, B= (6,-2)