Elise is buying a new car selling for $21,450. The rate of depreciation on this type of car is 8% per year. What is the value of the car in five years? Show your work.

Answers

Answer 1

Answer:

$14,137.3

Step-by-step explanation:

21450*0.92^5

so put the og value, then the value its gonna have but in decimal form - so 92% would be 0.92 and make the amount of years the square

solve

$14,137.3

Answer 2

The value of the car after five years will be $14135.5.

What is Compound interest?

Compound interest is defined as interest paid on the original principal and the interest earn on interest of principal.

What is percentage?

The percentage is defined as the ratio expressed as a fraction of 100.

The percentage is denoted by sign of %.

For example, if XYZ scored 46% marks in his test, it means that he scored 46 marks out of 100. It is written as 46/100 in the fraction form and 46:100 in terms of ratio.

The initial value of car (P) = $21,450  

The rate of depreciation of car is 8% per year.

Time period (n) = 5 years  

The value of the car after five years

A = P ( 1 - r/100 )ⁿ  

Substitute the values of P, r and n in formula

A = 21450 ( 1 - 8/100 )⁵

A = 21450 ( 1 - 0.08 )⁵

A = 21450 ( 0.92 )⁵  

A = 21450 ( 0.659 )

A = 14135.5

Hence, the value of the car after five years will be $14135.5.

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Related Questions

100 POINTS PLEASE HELP!!!!
Problem-solving Tickets for 2 adults and 4 children at a theme park cost £152.
An adult ticket costs twice as much as a child ticket.
Write and solve an equation to work out the price of an adult ticket.​

Answers

Answer:

Apply the problem-solving method to solve problems involving tickets with ... How many student tickets and how many adult tickets were sold? ... Step 4. Translate: Write the equation by adding the total values of each type of ticket. ... We find the total value of each type of ticket by multiplying the number of tickets times its ...

Step-by-step explanation:

Ticket Problems: algebra word problems involving tickets, how to solve ticket word ... for distinguishing between quantity and value in this type of word problems. ... The cost of tickets for a play is $3.00 for adults and $2.00 for children . ... Use Substitution Method ... A child's ticket costs $6.00 and an adult's ticket costs $10.00.

the ratio of boys to girls is in a class 4:3. There are 35 students in the class. How many students are boys ?
What is the formula?​

Answers

Answer:

ratio 4x:3x

total= 7x parts = 35(given)

x= 35/7 =5

boys = 4x = 20

girls = 3x = 15

The number of boys are more by 20-15 = 5.

Step-by-step explanation:

Answer:

20 boys 20:15

Step-by-step explanation:

helpful??

Determine the output if the function rule is

2x+5 : input = 5

Answers

Answer:

2x

Step-by-step explanation:

Answer:

15

Step-by-step explanation:

The input is 5 , the output is the value of 2x + 5 for x = 5 ( input ), that is

output = 2(5) + 5 = 10 + 5 = 15

Hahahahaha umm I need help thankKss

Answers

Answer:

1

Step-by-step explanation:

-5x+3y>9 help me plesese

Answers

Answer: x < 3/5 y + -9/5

Step-by-step explanation:

is provided below :)

12) It takes Kendra 12 minutes to drive 6 1/3 kilometers. How many kilometers does Kendra drive per minute? SHOW YOUR WORK. A) 2 B)19/36 C)1/6 D) 2 1/3​

Answers

Answer:

36/19

Step-by-step explanation:

So to find this answer you have to divide 12 by 6 1/3. To figure that out I first turned 6 1/3 into an improper fraction (19/3) and then I put 12 over 1. To divide a fraction you have to multiply the dividend by the divisors reciprocal in this case 12/1 x 3/19 which equals 36/19 or 1 and 17/19

Hope this helps lol :D



The tables show four relationships between x and y. In which table is there a NEGATIVE rate of change?
A)ᴛᴀʙʟᴇ ᴀ
B)ᴛᴀʙʟᴇ ʙ
C)ᴛᴀʙʟᴇ ᴄ
D) ᴛᴀʙʟᴇ ᴅ

ɪ'ᴍ sᴛᴜᴄᴋ ᴏɴ ᴛʜɪs ᴏɴᴇ ᴛᴏᴏ!
ᴀɴʏᴏɴᴇ ᴋɴᴏᴡ ᴛʜɪs ᴏɴᴇ?

Answers

Answer:

C

Step-by-step explanation:

Try using a scratch piece of paper to graph the points of each table to see which one would have a negative slope. Or use the formula y1-y2/x2-x1 to find the slope and see which one is negative.

How much was janes refund this year?
a 6835
b nothing
c 4190
d 2642

Answers

I would like to help but it’s not specific

please show work

8) 3n+1 +8n2 – 8n – 7

9. given the function: f(x) =3x-7, find f(-2)

Answers

Answer:

D and A

Step-by-step explanation:

8. 1+8n^2-5n-7

8n^2-5n-6

9. -6-7

-13

help for brainliest plsssssssssssssss

Answers

Answer:

There will be 416 students in each group.

Step-by-step explanation:

There are 1,248 students.  There are also 3 groups: radical readers, mathematicians, and super scientists.  To find the number of people in each group, divide the total students by the number groups, which would be 1,248 divided by 3.

416 students would be in each group
answer : 416

What is the slope of the line shown below?

Answers

Answer:

m = -1/4

Step-by-step explanation:

m = 2-(-1)/-4-8

m = 3/-12

m = -1/4

-1/4 I think correct me if I’m wrong

Compared to last year, the population of boom town has increased by 24%. The population is now 6,600. What was the population last year?

Answers

Answer:

1,584

Step-by-step explanation:

6,600 multiplied by 24%(or 0.24) is 1,584

Can someone be nice enough to do this for me?

Answers

Answer:

1) -3, -2.5, -3/4, -3/8, 1/4, 3.1, 16/5, 6

Step-by-step explanation:

In a music competition, a participant has to score a total of 40 points in the first four rounds combined to move on to the 5th and final round. Glen scored 4 points in the first round. He then went on to score additional points in the second, third and forth rounds. In each round he scored the identical points. Which inequality shows the number of points Glen scored.

Answers

Answer:

x ≥ 12

Step-by-step explanation:

Given that :

Total points required = 40

1st round point = 4

2nd, 3rd and 4th round points are identical

Let the point number of points = x

2nd + 3rd + 4th = 3

1st round + 3(x) ≥ 40

4 + 3x ≥ 40

3x ≥ 40 - 4

3x ≥ 36

x ≥ 12

John took a quiz there are 25 questions, I got a 76% how many did John get right and how many did he get wrong

Answers

Answer:

6 wrong.

Step-by-step explanation:

25 questions  76% 25*0.76=19 so he got 6 wrong.

Hope this helps plz hit the crown :D

Answer:

he got 19 correct and 6 incorrect

Step-by-step explanation:

16. A truck traveling 45 miles per hour and a train traveling 60 miles per hour cover the same distance. The truck travels 2 hours longer than the train. How many hours does each travel?
What equation would represent the total distance traveled by both the train and the truck? [Hint: Remember the distance traveled formula d = rt.]

A. 105x + 90
B. 105x
C. 45x + 90
D. 60x

Answers

Answer:

The equation representing the total distance would be A. 105x + 90.

The time the truck has travelled would be 8 hours while the time traveled by the train would be 6 hours.

Step-by-step explanation:

Firstly, let's set the time travelled by the train to be x hours.

According to the question, the equation would be 45(x + 2) = 60x, because the truck has travelled 2 more hours than the train.

Hence:

[tex]45(x + 2) = 60x[/tex]

[tex]45x + 90 = 60x[/tex]

[tex]90 = 60x - 45x[/tex]

[tex]15x = 90[/tex]

[tex]x = 6[/tex]

Therefore, the truck has travelled a total of (6 + 2) hours = 8 hours, and the train has travelled for 6 hours.

Also, the equation can be found by adding both equations up:

[tex]45(x + 2) + 60x[/tex]

[tex]= 45x + 90 + 60x[/tex]

[tex]= 105x + 90[/tex]

Hope this helped!

plz tell me the correct answer

Answers

Answer: H

Step-by-step explanation:

H is correct hope it helps

What would be the output (y-value) for the rule y = 4x - 5 if
you used an input of x = -2? Just write the number for your
answer.

Answers

The answer would be “-6”output for the y value

HELP THIS IS TIMED
2/11z-5/11z+4-1/11z-8
simplify plssss i can give reward

Answers

Answer:

-145/88z+4

Step-by-step explanation:

Answer: -4/11z - 4

Step-by-step explanation: We can combine like terms to simplify the expression 2/11z - 5/11z + 4 - 1/11z - 8. The terms 2/11z, -5/11z, and -1/11z are like terms because they all have the same variable part z. When we add them together, we get (2 - 5 - 1)/11z = -4/11z. The constants 4 and -8 are also like terms. When we add them together, we get 4 + (-8) = -4. So the simplified expression is -4/11z - 4.

8900945867-*+.23598.000562-45896.0265=986578587983+89744563212255685-.032658974633what is the quotients!! s+89.222550y+-x=-.3265

Answers

Answer:

21

Step-by-step explanation:

please help asap ill give brainliest if youre correct!!!

Answers

Answer: its B

Step-by-step explanation: i've done this test before

Answer:

the answer is b

Step-by-step explanation:

because i have done this question before

lines l and m are parallel line i is represented by the equation 3x+4y=8 if line m passes through the point (2,-5) which equation represenrs line m

A y-5=-3/4 (x+2)
B y+5= -3/4(x-2)
C y-5= 4/3(x+2)
D y+5= 4/3(x-2)

Answers

Answer:

B

Step-by-step explanation:

because the math

write Luke earned commission on each pair of jeans he sold. Luke sold $342 worth of jeans and made $112. Approximately what is Luke's commission rate?

whoever answers this first gets 15 points and a brainliest!

Answers

230 is his commission rate

SOLVE AND SHOW WORK PLSSSS!! Find the length of the missing sides. Do not round (leave in simplified radical form).

Answers

Answer:

For the first triangle the missing sides are 7 and 7√2 For the second triangle,the missing sides are 13√3 and 13

Step-by-step explanation:

For the first triangle,

cos(45°)=7/hypotenuse

hypotenuse×cos45=7

hypotenuse×√2/2=7

hypotenuse=14/√2=7√2

We can now find the adjacent side using Pythagorean theorem,

√(7√2)²-7²=7

For the second triangle,

cos(30°)=adjacent/hypotenuse

but cos 30=√3/2

√3/2=adjacent/26(cross multiply and simplify)

26√3/2=13√3

To find the opposite length,

√(26)²-(13√3)²=13

A football team has $3,744 to spend on hats for their fans. Each hat costs $8. How many hats can the team buy?

Answers

Answer:

468

Step-by-step explanation:

3,744/8=468

The team will be able to buy 468 hats because $3,755 divided by 8=468

Solve for EG. A) 18 B) 12 9 D) 6​

Answers

Answer:

It's be 9. The opposing line is 8, and because it's slightly offset, I'd wager it's 9.

Let me know if you need more help! :)

Nick is buying juice for himself and 5 friends. Each bottle of juice costs $1.25. How much do 6 bottles of juice cost? Complete the table to find the cost of 6 bottles of juice.

Answers

Answer:

$7.5 for six boxes of juice

Step-by-step explanation:

1.25 times 6=7.5

I need help pllssss​

Answers

Answer:

It is clear from the graph,

The value of x=-6 at y=0.

Thus, x=-6 is the zero of g.

Step-by-step explanation:

A zero of the linear function 'g' on the graph of a linear function can be observed where the 'y-value' is zero.

In other words,

A point where the line tends to cross the x-axis is called the x-intercept.x-intercept can be observed by setting the y=0 and determining the value of x at y=0

It is clear from the graph,

The value of x=-6 at y=0.

Thus, x=-6 is the zero of g.

A treat bag has 2 green gum balls to read gumball and one blue gumball, if you were to reach into the treat bag right as a fraction, with the probability would be that you would randomly choose.

Answers

Answer:

2/5 ; 2/5 ; 1/5

Step-by-step explanation:

Given that :

Numbe red gumballs = 2

Number of green gumballs = 2

Number of Blue gumballs = 1

The probability of making a random choice :

Probability = required outcome / Total possible outcomes

Probability of choosing (red) :

P(red) = number of red balls / total number of balls

P(red) = 2 / 5

P(green) = number of green balls / total number of balls

P(green) = 2 / 5

P(blue) = Number of blue balls / total number of balls

P(blue) = 1 / 5

The table represents a linear function.
What is the slope of the function?
х
-4
-2
-1
1
2
y
-2.
-10
-14
-22
-26
2
5

Answers

the slope of the function is -4

-6 is the slope of the given table which represents a linear function.

What is Slope of Line?

The slope of the line is the ratio of the rise to the run, or rise divided by the run. It describes the steepness of line in the coordinate plane.

The slope intercept form of a line is y=mx+b, where m is slope and b is the y intercept.

The slope of line passing through two points (x₁, y₁) and (x₂, y₂) is

m=y₂-y₁/x₂-x₁

Let the equation of line be represented as A

The values of x = { -2 , -1 , 0 , 1 , 2 }

The value of y = { 8 , 2 , -4 , -10 , -16 }

Let us take any two points to find the slope.

(-2, 8) and (-1, 2) are the two points

Slope = 2-8/-1+2

=-6/1

=-6

Hence, -6 is the slope of the given table which represents a linear function.

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The table represents a linear function

X

-2

-1

0

1

2

Y

8

2

-4

-10

-16

What is the slope of the function

-6

-4

4

6

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