The value of a car decreases by 5% each year. Sophie bought a car two years ago for £10000. Work out the value now.

Answers

Answer 1

Given:

The value of car before two years = £10000

The value of the car decreases by 5% each year.

To find:

The present value of the car.

Solution:

The exponential decay model for present value is

[tex]y=a\left(1-\dfrac{r}{100}\right)^t[/tex]

Where, a is the initial value, r is the rate of decay and t is time in years.

Putting P=10000, r=5 and t 2, we get

[tex]y=10000\left(1-\dfrac{5}{100}\right)^2[/tex]

[tex]y=10000\left(1-0.05\right)^2[/tex]

[tex]y=10000\left(0.95\right)^2[/tex]

On further simplification, we get

[tex]y=10000(0.95)(0.95)[/tex]

[tex]y=9025[/tex]

Therefore, the present value of the car is £9025.


Related Questions

The first three terms of a sequence are given. Round to the nearest thousand (if necessary). 9, 18, 36 Find the 6th term.

Answers

9, 18, 27, 36, 45, 54, 63, 72, 81, 90, 99, 108
The 6th term is 108

Dana has to pay 30% tax on any income above £30,000 per year.
Dana is paid £45,000 annually.
Calculate the amount of money she receives after tax each month.

Answers

£45,000 x 0.3 = £13,500
£13,500 divided by 12 months = £1125
Dana’s tax £1,125
£45,000 divided by 12 months = £3750
Dana’s Income money each month is £3750
£3750 - £1125 = £2625
Dana’s makes £2625 after paying her tax

Find the product.
10(-7)

Answers

Answer:

-70

Step-by-step explanation:

If a number is right by a parathesis () then you multiply the number inside the parathesis by the number next to them.

-70 (multiply what’s in the parenthesis and since there’s only one negative number in your problem it’s negative

question 7 is in the pic

Answers

Answer:

B.

Step-by-step explanation:

This is the information the histogram represents.

Hope it helps!

Answer:

B I think?

Step-by-step explanation:

Hope its right

Can you divide any number by zero?

Answers

Answer:

well basically no so i say no

Step-by-step explanation:

you can but you wouldn't get a answer because you would only get the same answer so..

Answer:

When we try to divide by zero, things stop making sense

Step-by-step explanation:

Find the value of x. 4 х 25 10 X = = [?]​

Answers

Answer:

X=10

Step-by-step explanation:

convert 2.5t into pounds

Answers

Answer:

5000 Pounds

Step-by-step explanation:

I'm pretty sure this is the answer if not I'm honestly sorry.

Answer:

5512 lbs

Step-by-step explanation:

What is the answer???

Answers

Reflection because if you reflected the same side it would be the exact shape hope this helps brainlist would be much appreciated:)

Use the limit definition of the derivative to find the slope of the tangent line to the curve
f(x)= 7x^2 + 7x + 3 at x= 4

Answers

Answer:

[tex]\displaystyle f'(4) = 63[/tex]

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Distributive Property

Algebra I

Expand by FOIL (First Outside Inside Last)FactoringFunction NotationTerms/Coefficients

Calculus

Derivatives

The definition of a derivative is the slope of the tangent line.

Limit Definition of a Derivative: [tex]\displaystyle f'(x)= \lim_{h \to 0} \frac{f(x+h)-f(x)}{h}[/tex]  

Step-by-step explanation:

Step 1: Define

f(x) = 7x² + 7x + 3

Slope of tangent line at x = 4

Step 2: Differentiate

Substitute in function [Limit Definition of a Derivative]:                              [tex]\displaystyle f'(x)= \lim_{h \to 0} \frac{[7(x + h)^2 + 7(x + h) + 3]-(7x^2 + 7x + 3)}{h}[/tex][Limit - Fraction] Expand [FOIL]:                                                                    [tex]\displaystyle f'(x)= \lim_{h \to 0} \frac{[7(x^2 + 2xh + h^2) + 7(x + h) + 3]-(7x^2 + 7x + 3)}{h}[/tex][Limit - Fraction] Distribute:                                                                            [tex]\displaystyle f'(x)= \lim_{h \to 0} \frac{[7x^2 + 14xh + 7h^2 + 7x + 7h + 3] - 7x^2 - 7x - 3}{h}[/tex][Limit - Fraction] Combine like terms (x²):                                                     [tex]\displaystyle f'(x)= \lim_{h \to 0} \frac{14xh + 7h^2 + 7x + 7h + 3 - 7x - 3}{h}[/tex][Limit - Fraction] Combine like terms (x):                                                      [tex]\displaystyle f'(x)= \lim_{h \to 0} \frac{14xh + 7h^2 + 7h + 3 - 3}{h}[/tex][Limit - Fraction] Combine like terms:                                                           [tex]\displaystyle f'(x)= \lim_{h \to 0} \frac{14xh + 7h^2 + 7h}{h}[/tex][Limit - Fraction] Factor:                                                                                 [tex]\displaystyle f'(x)= \lim_{h \to 0} \frac{h(14x + 7h + 7)}{h}[/tex][Limit - Fraction] Simplify:                                                                               [tex]\displaystyle f'(x)= \lim_{h \to 0} 14x + 7h + 7[/tex][Limit] Evaluate:                                                                                                 [tex]\displaystyle f'(x) = 14x + 7[/tex]

Step 3: Find Slope

Substitute in x:                                                                                                [tex]\displaystyle f'(4) = 14(4) + 7[/tex]Multiply:                                                                                                           [tex]\displaystyle f'(4) = 56 + 7[/tex]Add:                                                                                                                  [tex]\displaystyle f'(4) = 63[/tex]

This means that the slope of the tangent line at x = 4 is equal to 63.

Hope this helps!

Topic: Calculus AB/1

Unit: Chapter 2 - Definition of a Derivative

(College Calculus 10e)

Is the function even,odd, or neither

Answers

Answer:

even  :D

Step-by-step explanation: :D

Hi! need help asap xx

Answers

Answer:

C

Step-by-step explanation:

The 3 triangles are all similar.

Using the 2 inside then the ratios of corresponding sides are equal, that is

[tex]\frac{x}{3}[/tex] = [tex]\frac{12}{x}[/tex] ( cross- multiply )

x² = 36 ( take the square root of both sides )

x = [tex]\sqrt{36}[/tex] = 6 → C

Answer:

C) x = 6

because this is a right triangle

=> we have:

(12² + x²)(3² + x²) = (15x)²

<=> 1296 + 153x² + x⁴ = 225x²

<=> x⁴ - 72x² + 1296 = 0

<=> (x² - 36)² = 0

<=> x² = 36

=> x = 6

A car salesman receives 3% commission on his total weekly sales. Last week his total sales were £28500
How much commission does he earn?

Answers

He should get $855. 28500 x 3% = 855

in the diagram below, de is parallel to xy. what is the value of y​

Answers

The answer to your problem is D:86

2/5 divided by 4 and reduce the answer

Answers

Answer:

1/10 i guess

Step-by-step explanation:

2/5=0.4

0.4/4=0.1

0.1=1/10 (one tenth_

Answer:

1/10

Step-by-step explanation:

2/5 ÷4 is the same as 2/20, which is 1/10

Sarah has to pay a one-time $300 deposit for her apartment. Each month she pays $700 for rent. How much would Sarah pay for “n” months?

Answers

Answer:

I don't know.

Step-by-step explanation:

Simplify the expression -2 (x + 4 + 5y).

Answers

Answer:

-2x-10y-8

Step-by-step explanation:

Rearange terms

-2(x+4+5y)

-2(x+5y+4)

Distribute

A lion's heart beats 6 times in 8 seconds. How many heartbeats will it have in 40 seconds?

Answers

Answer:

30 times

Step-by-step explanation

Answer:

30

Step-by-step explanation:

How should the decimal point in 4.003 be moved to determine the product of 100 × 4.003?
brainliest if right easy question


move it 1 place to the right

move it 2 places to the right

move it 3 places to the right

move it 4 places to the right

Answers

Answer:

Two places to the right.

Step-by-step explanation:

Since theres  two zeros in 100, move the decimal two places to the right, making it 400.3.

HELP MEEEEEEEEEEEEE!!!!!!!!!!!!!!!!

Answers

Answer:

linear or Quadratic

i hope it works

answer: quadratic

you know it’s a quadratic when the second difference is the same number
so

the first difference is:
0 to -3 is -3
-3 to -4 is -1
-4 to -3 is +1
-3 to 0 is + 3

the second difference is:
-3 to -1 is +2
-1 to 1 is +2
1 to 3 is +2

since the second difference is always +2
the function is QUADRATIC

what is the answer to this question​

Answers

Answer:

it would be c. 5 1/4

Step-by-step explanation:

The correct answer would be C

Determine if each of the numbers below is a solution to the inequality 3x-2<2-2x. SHOW ALL OF YOUR WORK

a. 2

b. 1/2

c. -3

d. 2/3

Answers

Answer:

b, c, and d are solutions

Step-by-step explanation:

3x - 2 < 2 - 2x

5x - 2 < 2

5x < 4

x < 4/5

b) 1/2 < 4/5  true

c) -3 < 4/5  true

d) 2/3 < 4/5  true

Please help asap!! I will mark you as brainliest. :)

Answers

the measure of the angle 5 is hekdbssj and the rleation
3,6, and 7 are all equal

Wesley drives 12 miles to work every day. During his drive to work he sees 18 billboards. Which ratio shows miles driven to billboards seen by Wesley?

Answers

Answer:

2:3

Step-by-step explanation:

divide both by 6.

2x - 2 = x-5
I’ll give 35 points plz help

Answers

Answer:

x = -3

Step-by-step explanation:

2x-x=-5+2

x = -3

Would it be better to have a higher interest rate on a loan or on an investment? Explain.

Answers

Answer:

When a company borrows money it is better to have a low interest rate. The lower the interest rate, the less amount of money the company has to pay back as interest on the loan.

Step-by-step explanation:

Is it better to have a higher interest rate when a company borrows money or to have a lower interest rate?

Which expression is equivalent to -3(m + 5)?

A: m - 15.
B: -3m + 5.
C: -3m - 15.
D: - 15m.

Answers

the answer is -3m - 15 .

hope it helps you

Hi if u could help me that'd be great

Answers

Answer:

1 hour and 45 minutes

and 1 hour

Step-by-step explanation:

x= run

y= walk

5x+2.5y = distance

5x+2.5(1.5)=12.5

solve for x

5x=8.75

x=1.75

1.75 in hours is 1 hour and (60*.75)=45

1 hour and 45 minutes

" If the marathon race participant ran for 2 hours, how many hours did the participant walk?"

We use the same equation

5x+2.5y=distance

we'll assume that they till walked 12.5 miles

which means that

5(2)+2.5y=12.5

solve for y

2.5=2.5y

y=1

1 hour

Answer:

Everybody, everybody

Get out on the floor

It can get a little crazy

When the kick hits the floor

Make a scene Make a scene

Nobody can ignore

Don't knock it, til you rock it

We can't take it no more!

Bring the lights up!

Bust the doors down!

Dust yourself off,

Shake it up!

Shake it up!

DJ set it off!

Take it up a notch

All together now!

Shake it up!

Shake it up!

Step-by-step explanation:

I WILL GIVE BRAINLIEST

The first step that Juan performed to simplify the expression 3.6 + 0.4(3.8 – 5.9) – 0.5 before entering it into the calculator is shown.

4(3.8 – 5.9) – 0.5

Which statement is true?

Juan performed the first step correctly.
The first step should have been 3.6 + 0.4(–2.1) – 0.5.
The first step should have been 3.6 + 0.4(2.1) – 0.5.
The first step should have been 3.6 + 1.52 – 5.9 – 0.5.

Answers

Answer:

b I think ..................

Answer:

I am like 80% sure it is B so. :)

Step-by-step explanation:

Statements Reasons
Given: Circle X with radius r and circle
Y with radius s
Prove: Circle X is similar to circle Y.
translate X to Y
circle X - circle Y
dilate circle X by sir
Circle with center X
has radius r
circle with center Y
has radius s
Statements
Reasons
Assemble the proof by dragging tiles to
the Statements and Reasons columns.

Answers

Answer:1. Circle with center X had radius r ; Given

Circle with center Y had radius Y has radius S ; Given

Translate X to Y ; Translation is a similarity transformation

Dilate circle X by s/r ; Dilation is a similarity transformation

Circle X ~ Circle Y ; a composition of similarity transformation maps circle X to circle Y

Step-by-step explanation:

Answer:

Step-by-step explanation:

:)

What is the relationship of the angles

Answers

Alternate Interior Angles

Answer:

alternate interior

Step-by-step explanation:

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