Answer:
It goes up by 2.5
Step-by-step explanation:
Mean equation: (n₁ + n₂ + n₃ + ...)/n
Current mean: (2 + 4 + 7 + 6 + 3 + 6 + 7)/7 = 35/7 =<em> 5</em>
New mean: (2 + 4 + 7 + 6 + 3 + 6 + 7 + 25)/8 = 60/8 = <em>7.5</em>
Difference: 7.5 - 5 = 2.5
Answer:
1300
Step-by-step explanation:
The number in the place to the right of the hundreds place is 5, in the tens place. That digit is greater than 4, so the rounding is to the next higher hundred: 1300.
I agree with him that’s the answer
Initial cost = $30,000
Depreciation rate = 2.5%
Depreciation expense per year = 30,000*2.5/100 = $750
In six years,
Depreciation = 6*750 = $4,500
Value of the tractor = Initial cost - Depreciation = $30,000 - $4,500 = $25,500