A boat has a depreciation rate of 12% per year. If the original price of the boat was $15,000, what is the value of the boat 5 years later? Round your answer to the nearest penny (hundredths place value). ​

Answers

Answer 1

Answer: $7,915.98

Step-by-step explanation: This is an exponentially decaying problem, so that means we use the formula ab^x.

The a value is the original price or the starting point, which is 15,000. The b value is the ratio in which it decreases or increases. It is decreasing, so we subtract 12 from 100, which is 88. The ratio should be in decimal form, so it is 0.88. Finally, the x should be the exponent, the amount of times it is getting multiplied by the ratio. So the equation would be 15,000(0.88)^5.

Then, we solve.

0.88 * 0.88 * 0.88 * 0.88 * 0.88 = 0.5277319168

Then 0.5277319168 * 15,000 = 7,915.978752.

Of course, we round to the nearest hundredth, which is 7,915.98. Hope this helped.


Related Questions

what is the answer please help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

The mean of the following set of fractions is D. 22/75

Answer:

22/75

Step-by-step explanation:

To find the average add up the values and divide the sum by the number of values.

Rewriting all values as fractions, rewriting any negatives if necessary and, setting up as an addition problem

=1/2+1/5+1/5+1/10+7/15

The least common denominator (LCD) is: 30.

Rewriting as equivalent fractions with the LCD:

=15/30+6/30+6/30+3/30+14/30

Rewriting numerators over the common denominator,

=15+6+6+3+1430

Totaling the numerator:

=44/30

Reducing the fraction:

=22/15

Dividing by the number of values: 5

22/15÷5=22/15×15=22/75

Average of the fractions is:

Average=22/75

Carrie is on Shark Tank and is offering 40% of her company for $100,000. What is the value of Carrie's company?

Answers

Answer:

I think the answer is $40,000

Step-by-step explanation:

Answer:40,000

Step-by-step explanation:

Please help, 15 points

Answers

Answer:

The answer is 10.

Step-by-step explanation:

The equation you are given is in slope-intercept form or y=mx+b where m is the slope and b is the y intercept.  Your equation is y=10x, so the slope or m is 10.

please helpppppppppppppppp

Answers

Answer:is (4x-5)

Step-by-step explanation:

Answer: check your next period class

Step-by-step explanation:

your teacher is looking for you

Who can solve and attach a pic so I can write down how I got the answer

Answers

do NOT click on that file! it’s a virus :( ^

Mr. Rosas had $90 to purchase snacks for a school party. He bought 36 bags of chips and 36 bottles of juice. Each bag of chips cost $0.69, and each bottle of juice cost $1.20. How much money did Mr. Rosas have left after these purchases?

Answers

Answer:

$21.96

Step-by-step explanation:

Total money with Mr. Rosas = $90

Total cost of chips = 36*0.69 = $24.84

Total cost of juices = 36*1.20= $43.2

Total money spent = $24.84 + $43.2 = $68.04

Money left with Mr. Rosas

= $90 - $68.04

= $21.96

Based on the samples collected if there are 10000 voters in the town how many voters can we predict will vote for smith

Answers

The question is incomplete and a question match couldn't be found online. However, an hypothetical solution will be provided

Answer:

Kindly check explanation

Step-by-step explanation:

We can make prediction about a population based on the outcome of a sample statistic.

From a random sample of voters, n ; the number who voted Smith = x

(p = x / n) gives the proportion of votes Smith will get according to the sample :

For instance :

n = 100 ; x = 10

p = 10 / 100 = 0.1

The predicted Number of votes Smith will Get if there are 10000 voters :

p * 10000

0.1 * 10000

= 1000 votes

What is the volume of a square pyramid with a base area of 36 and a height of 9 cm?
o 36 cm
o 108 cm
o 18 cm
o 324 cm

Answers

Answer:

D (108)

Step-by-step explanation:

I did test

The volume of a square pyramid with a base area of 36 and a height of 9 cm is 108 cm. The correct option is B.

What is pyramid?

A pyramid is a polyhedron with triangular faces that meet at a common vertex and a polygonal base.

The name of the pyramid is determined by the shape of the base. A pyramid with a square base, for example, is called a square pyramid; a pyramid with a triangular base, a triangular pyramid; and so on.

The formula to find the volume of a square pyramid is given by:

V = (1/3) x base area x height

Substituting the given values, we get:

V = (1/3) x 36 x 9

V = 108

Thus, the correct option is B.

For more details regarding pyramid, visit:

https://brainly.com/question/17615619

#SPJ7

how many 3 digit whole numbers are there between 99 and 1000

Answers

Answer:

901

Step-by-step explanation:

1000 - 99 = 901

thats how you find the answer

Answer:

910

Step-by-step explanation:

PLS HELP THIS IS FOR A GRADE AN IS TIMED

Answers

Answer: 392

Step-by-step explanation:

The mean numberr of stereos sold per day at the store was 15 over a period of 7 days which statement must be true about the stereo sales at the store

Answers

Answer:

well I don't know the options, but I do know that 105 would have been sold in a week.

Step-by-step explanation:

15 x 7 = 105

You have $25 in your bank account. You start saving $9 each week. Your friend has
$10 in his account and is saving $12 each week. Which system of equations could be
used to model the total amount in the bank account, t as a function of weeks, w.
A)t=9w+25. T=12w+10
B)t+w=25. 10t+9w=12
C)t=9w+12w. T=10w+12
D)t=9w+12w. T+w=25

Answers

Answer:

A)t=9w+25. T=12w+10

Step-by-step explanation:

Equation for you:

t = 25 + 9w

Equation for friend:

t = 10 + 12w

The number line represents 1 unit. What is the distance from 0 to point C on the number line?
A) 5/2 units
B) 4/5 units
C) 3/10 units D) 4/10

Answers

4/10 Units. The number line is cut equally into 10 pieces. If you count correctly, you’ll find out point C is on the 4th spot (I couldn’t remember its name sorry)

12. Solve for x. x = ___________

Answers

Step-by-step explanation:

this is math right what grade is this

Question 1 (2 point)
(16.02 LC)
Which shape can be classified as a rectangle? (2 points)
a
Rhombus
Сь
Square
c
Trapezoid
d
Parallelogram

Answers

Answer d parallelogram

help please, solve for D
12
25
4
5

Answers

Answer: 81.98274589 is what i got but it will be 81 hope this helped

Step-by-step explanation:


Find the area of the shape shown below.

Answers

Answer:

55 units²

Step-by-step explanation:

square = 25

triangle = 30

both = 55

Kenneth started saving for retirement at age 40 with plans to retire at age 70. He invested an average of $400 per month in various securities, with an average annual return of 7% adjusted for inflation. Assuming monthly compounding, how much has Kenneth saved at the start of retirement.
A. $487,988.40

B. $720,421.84

C. $37,784.31

D. $556,559.8​

Answers

Answer:

487,988.40

Step-by-step explanation:

I took the test

PLZ HELPPP MEEEE
Combine the radicals

Answers

Answer:

C) [tex]17\sqrt{13}[/tex]

Step-by-step explanation:

[tex]-2\sqrt{13} +19\sqrt{13} \\\\17\sqrt{13}[/tex]

He determined that the value of 6 in 76,345 is 100 times the value of 6 in 34,675. Part A: Is Lucas right? Part B: Explain why Lucas is right or wrong.

Answers

Answer:

Lucas is not right.

Step-by-step explanation:

To find: whether the value of 6 in 76,345 is equal to 100 times the value of 6 in 34,675

Solution:

Value of 6 in 76,345 = 6,000

Value of 6 in 34,675 = 600

Now 6000 = 10 × 600

So,

Value of 6 in 76,345 is equal to 10 times the value of 6 in 34,675.

Therefore, Lucas is not right.

Answer:

Part A: Lucas is wrong.

Part B: The value of 6 in 76,345 is 6,000 and  the value of 6 in 34,675 is 600.

Part C: The value of 6 in 76,345 is equal to 10 times the value of 6 in 34,675.

10 × 600 = 6,000

Step-by-step explanation:

I put this on each of my answers and I got all three parts correct. Hope this helps you!!!!

Please mark my answer as the Brainiest!!!!!

Thank You!!!!!!!!

SOMEONEEEE HELLPPPPPPP PLEASE?!??!

Answers

Answer:

(1,4)

Step-by-step explanation:

the Answer is: (x,y)=(1,4)

please help me asap ​

Answers

Answer:

-18 10

5 -3

Step-by-step explanation:

theres some formula that tells you the general rule for multiplying 2x2 matrices but I cant find it, try looking in your textbook or ask ur teacher

Are the triangles similar ? If so which shortcut (SSS, SAS, AA) proves they are similar?

Answers

Answer:

Yes, SAS.

Step-by-step explanation:

3/5 = 0.6 and so does 4.8/8

Could you guys help me please?​

Answers

Answer:

1: 115

2: 65

3: 115

4: 65

5: 143

6: 37

7: 28

8: 152

help! i just need the answers. maybe some explanations would be good too :)

Answers

For Number one: -xy + 2x = 20, x = 5

To solve this, all we need to do is plugin 5 for every place we have x. So...

- (5)y + 2(5) = 20

-5y + 10 = 20

-5y = 10

y = -2

For number two: 4x - 3y - 10 = 1, x = -1

To solve this, we need to plugin -1 for all of the x variables. So...

4 (-1) - 3y - 10 = 1

-4 - 3y - 10 = 1

-14 - 3y = 1

-3y = 15

y = -5

For number three: 5x + 7y = -1, x = 4

We need to plugin -4 for all of the x variables. So...

5 (4) + 7y = -1

20 + 7y = -1

7y = -21

y = -3

For number four: x = 6 + xy, x = -3

Same as the other ones, just plugin -3 for all of the x variables. So...

-3 = 6 + (-3)y

-3 = 6 - 3y

-9 = -3y

3 = y

I hope this helps :)

The value of 23 + 33

Answers

Answer:

56 hope it helps....

hhcxxghjo9

Answer:

2^3 + 3^3 = 35

Step-by-step explanation:

You can simply use a calculator on your PC, phone, tablet, or macbook. If you just add 2 to the 3rd power and 3 to the 3rd power then you'd get 35. I'm sorry I'm not really good at math but I just wanted to give you a simpler way to do this problem considering it is not too hard to solve.

Find the volume of the cylinder.
Either enter an exact answer in terms of T or use 3.14 for T.
8

Answers

Answer: V= 100.48 m^3 or in terms of Pi V = 32 π m^3

Step-by-step explanation:

V = πr^2h

V = π(2)^2(8)

V = π(4)(8)

V = 100.48

or

V = π (4)(8)

V = 32 π m^3

Factorizar Sumas de cubo


1) 8x³ + 1

2) 27a³ + b³

3) 8x³ + 1,000

Answers

[tex] \huge{\mathbb{{ANSWERS}}}[/tex]

1.) 8x³ + 1

[tex] \underline{ \tt{{(2x + 1) \times (4 {x}^{2} - 2x + 1)}}}[/tex]

2.) 27a³ + b³

[tex] \underline{ \tt{{(3a + b) \times (9{a}^{2} - 3ab + {b}^{2})}}}[/tex]

3.) 8x³ + 1,000

[tex] \underline{ \tt{{8(x + 5) \times ( {x}^{2} - 5x + 25)}}}[/tex]

Note: My anwer is base on my knowledge

Hopefully Help:)

#CarryOnLearning

_MafiaQueen4

3V3
х
60°
Find the values of x and y. Write your answers in simplest form.
X=
y=

Answers

Answer:

X=3

y=6

Step-by-step explanation:

[tex]tan60=\sqrt{3}=\frac{3\sqrt{3} }{x} \\\\x=3[/tex]

-----------

[tex]sin60=\frac{\sqrt{3} }{2} =\frac{3\sqrt{3} }{y} \\\\y=6[/tex]

hope it helps...

have a great day!!

Estimate a 20% tip on a dinner bill of $142.74 by first rounding the bill amount to the nearest ten dollars.
Estimated tip:
X
6
?

Answers

$142.74 rounded to nearest ten dollars is $140. And so now you find 20% of 140 by multiplying 140 by .20 (which is the decimal form of 20%). You’ll get $28 and that will be tip but total bill would be $140+$28 or $142.74+$28 to be exact.

Answer:$171.29

Step-by-step explanation:

if the tip amount is around $28.55 and your putting 20% it would $171.29 but it would determine how many people they are.

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