The value of a car will “depreciate” over time. For example, a car that was worth $24 000 when it was new, is being sold for $13 500 three years later. Determine the annual depreciation rate on this car. Express your final answer as a percent, rounded to one decimal place.

Answers

Answer 1

Answer:

The car will depreciate at a rate of 21.14% per year.

Step-by-step explanation:

Given that the value of a car will “depreciate” over time, and, for example, a car that was worth $ 24,000 when it was new, is being sold for $ 13,500 three years later, to determine the annual depreciation rate on this car the following calculation must be performed:

13,500 x (1 + X) ^ 1x3 = 24,000

13,500 x (1 + 0.2114) ^ 3 = 24,000

X = 21.14%

Therefore, the car will depreciate at a rate of 21.14% per year.


Related Questions

Solve the following system of equations by using the inverse of a matrix.
Give your answer as an ordered triple (x , y , z)

Answers

Answer:

(x, y, z) = (-8,4,-2)

Step-by-step explanation:

.......................................

A town recently dismissed 8 employees in order to meet their new budget reductions. The town had 9 employees over 50 years of age and 16 under 50. If the dismissed employees were selected at random, what is the probability that at least 7 employees were over 50? Express your answer as a fraction or a decimal number rounded to four decimal places.

Answers

Answer:

The probability that at least 7 employees were over 50 is 0.0073%.

Step-by-step explanation:

Given that a town recently dismissed 8 employees in order to meet their new budget reductions, and the town had 9 employees over 50 years of age and 16 under 50, if the dismissed employees were selected at random, to determine what is the probability that at least 7 employees were over 50, the following calculation must be performed:

9/25 x 8/24 x 7/23 x 6/22 x 5/21 x 4/20 x 3/19 = X

0.36 x 0.33 x 0.304 x 0.272 x 0.238 x 0.2 x 0.157 = X

0.000073 = X

100X = 0.0073

Therefore, the probability that at least 7 employees were over 50 is 0.0073%.

for every 5 people who bought $9.75 tickets to the football game, 3 people bought $14.50 tickets. If each of 35 people bought a $9.75 ticket, how many people bought the more expensive ticket?

Answers

Answer:

21

Step-by-step explanation:

5/3=35/x

3 x 35=105

5 x x= 5x

105=5x

105/5=5x/5

21=x

The number of people who bought the more expensive ticket is 21.

What is an expression?

Expression in maths is defined as the collection of the numbers variables and functions by using signs like addition, subtraction, multiplication, and division.

Given that:-

For every 5 people who bought $9.75 tickets to the football game, 3 people bought $14.50 tickets. If every 35 people bought a $9.75 ticket,

Let the number of people be X so we can form the following expression given below:-

5/3=35/x

3 x 35=105

5 x x= 5x

105=5x

105/5=5x/5

21=x

Therefore the number of people who bought the more expensive ticket is 21.

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Kenji simplifies 3^5 x 4^ 5and gets the result 12^10, but Darlene is not sure. Is Kenji correct? Justify your answer.

Answers

That's a question about exponentiation.

Answer:

Kenji is wrong because he does not aply the porperty correctly.

Step-by-step explanation:

A exponetiation has this form:

[tex]\boxed{a^b}[/tex]

a is the base

b is the power or exponent

To understand that situation it's important to know a property about exponentiation. When we have a multiplication with the same exponent and diferent bases, the result is the multiplication of the bases with the same exponent. Let's see this above, in mathematical language:

[tex]\boxed{a^b \cdot c^b = (a\cdot c) ^b}[/tex]

Examples:

[tex]2^3 \cdot 8^3 = (2 \cdot 8) ^3 = 16^3[/tex][tex]10^9 \cdot 23^9 = (10 \cdot 23) ^9 = 230^9[/tex]

Now, we can say why Kenji is wrong. It's easy simplify [tex]3^5 \cdot 4^5[/tex]! We know that the result is [tex](3 \cdot 4) ^5 = 12^5[/tex], but Kenji multiplied the bases and added the exponents, that's why he is wrong.

I hope I've helped. ^^

Enjoy your studies! \o/

Consider the function z(x,y) describing the paraboloid \[z = (2x - y)^2 - 2y^2 - 3y.\]Archimedes and Brahmagupta are playing a game. Archimedes first chooses $x.$ Afterwards, Brahmagupta chooses $y.$ Archimedes wishes to minimize $z$ while Brahmagupta wishes to maximize $z.$ Assuming that Brahmagupta will play optimally, what value of $x$ should Archimedes choose?

Answers

Answer: -3/8

Step-by-step explanation:

Expanding z we get  

z = 4x^2 - 4xy + y^2 - 2y^2 - 3y

  = -y^2 - (4x + 3) y + 4x^2.

After Archimedes chooses x, Brahmagupta will choose

y=-(4x+3/2) in order to maximize z

Then  

z=-((-4x+3)/2)^2 -(4x+3)(-4x+3)/2)^2)+4x^2

z=8x^2+6x+9/4

To minimize this expression, Archimedes should choose x=-3/8

A map has a scale in which 1.25 inches represents 250 miles.

How many miles does 1 inch represent?

Answers

Answer:  200 miles

Work Shown:

(1.25 inches)/(250 miles) = (1 inch)/(x miles)

(1.25)/(250) = 1/x

1.25x = 250*1 ..... cross multiplication

1.25x = 250

x = 250/(1.25)

x = 200 miles

one month is what percentage of a year given that there are 7 days in a week, and 12 months in a year

Answers

Answer:

it should be 8.333333%

Step-by-step explanation:

The answer is 8.3% or 8.4% when rounding. If you were to round to the nearest it would be 8.0% since 8.3 is closer to 8.0 not 9.0.

Choose the correct solution for the given equation x^2-6x=40

Answers

Answer:

10,-4

Step-by-step explanation:

not sure where the options are but if you were to solve this equation first bring everything to one side.

x^2 - 6x - 40 = 0

factor it

(x-10)(x+4) = 0

set each part to 0

x-10 = 0 and x+4 = 0

solutions are 10 and -4

Find the total surface area of this square based pyramid. 10ft 10ft (in the image)​

Answers

Answer:

300ft^2

Step-by-step explanation:

Surface Area = 2bs + b^2 where s = height of each triangular surface and b = base

Surface Area = 2(10)(10) + 10^2
Surface Area = 2(100) + 100
Surface Area = 200 + 100
Surface Area = 300ft^2

By which number should (2/5)^-3 be multiplied to get (1/2)^4 as a product ?​

Answers

Answer:

[tex]\frac{2}{5}^{-3}[/tex]×[tex]x=\frac{1}{2}^{4}[/tex]

[tex]x=\frac{2}{5} ^{3} \\[/tex]×[tex]\frac{1}{2}^{4}[/tex]

(negative in the exponent means reciprocal of the fraction)

x= [tex]\frac{1}{250}[/tex]

Brainliest please

Translate To An Algebraic Expression:

S% of 1/r

Answers

Answer:

S/100r

Step-by-step explanation:

S% of 1/r = (1/r x S) : 100

(1/r x S) : 100

S/r : 100

S/100r

S/100r







Have a great day! Stay safe. Hope it helped

!!!HELPPP PLEASEEE!!! For this problem I thought it meant to subtract 0.1492 - 0.1515 = -0.0023 however my answer was incorrect. How do I solve this problem then? Help Please!

Answers

Answer:

0.1492-0.1515= -0.0023

While planning a hiking trip, you examine a map of the trail you are going on hike. The scale on the map shows that 2 inches represents 5 miles.

If the trail measures 12 inches on the map, how long is the trail?

Answers

Answer:

30 miles

Step-by-step explanation:

Given that :

Scale = 2 inches represents 5 miles

This means that 2 inches in the map equals to 5 miles on ground ;

Hence, if the trail measures 12 inches on the map, the length on ground will be ; x

2 inches = 5 miles

12 inches = x miles

Cross multiply :

2x = (12 * 5)

2x = 60

x = 60 / 2

x = 30 miles

What system of equations is shown on the graph below

Answers

Answer:

A.

Step-by-step explanation:

x-2y=4 has a x-intercept of 4, a slope of 1/2, and a y-intercept of -2. 2x+y=4 has a x-intercept of -2, a slope of 2, and a y-intercept of -4.

Help

The table shows the results of a survey of students in two math classes.
Find P(more than 1 hour of TV | 6th period class). Round to the nearest thousandth. Be sure to show and explain your work.

Did You Watch More Than One Hour of TV Last Night?

Answers

Answer:

0.6

Step-by-step explanation:

In this question, the | symbol means "given", so we can phrase the question as "Find the probability that a student watches more than one hour of TV given that they are in the 6th period class"

Next, because there is a 100% chance that the student is in the 6th period class, we can disregard the results of the 3rd period class.

Given that the student is in the 6th period class, there are 15 total students (as 9+6=15 = the sum of the yes and no answers for 6th period) and 9 students that said yes. Therefore, there is a 9/15 = 3/5 = 0.6 probability that a student watches more than 1 hour of TV given that they are in the 6th period class

factor 9-x^2 completely

Answers

Answer:

-(x + 3)(x - 3)

Step-by-step explanation:

Using the difference of squares we can factor this expression.

[tex](9 - x^2)\\= (3^2 - x^2)\\= (3 + x)(3 - x)\\= -(3 + x)(-3 + x)\\= -(x + 3)(x - 3)[/tex]

Find the solution(s) of the system of equations. y = x2 + 4x y + x2 = –4x Question 7 options: A) (–4, 0) and (0, 0) B) (0, 0) C) (–4, 0) and (4, 0) D) (0, 0) and (4, 0)

Answers

Answer:

Hello,

Answer A (-4,0) and (0,0)

Step-by-step explanation:

[tex]\left\{\begin{array}{ccc}y&=&x^2+4x\\y+x^2&=&-4x\\\end{array} \right.\\\\\\\left\{\begin{array}{ccc}y&=&x^2+4x\\y&=&-x^2-4x\\\end{array} \right.\\\\\\\left\{\begin{array}{ccc}y&=&x^2+4x\\x^2+4x&=&-x^2-4x\\\end{array} \right.\\\\\\\left\{\begin{array}{ccc}2*x^2+8*x&=&0\\y&=&x^2+4x\\\end{array} \right.\\\\\\\left\{\begin{array}{ccc}x(x+4)&=&0\\y&=&x^2+4x\\\end{array} \right.\\\\\\[/tex]

[tex]\left\{\begin{array}{ccc}x&=&0 \\y&=&0\\\end{array} \right. \ or\ \left\{\begin{array}{ccc}x&=&-4 \\y&=&0\\\end{array} \right.[/tex]

Which function below has the following domain and range?
Domain: {-7, - 5,2, 6, 7}
Range: {0, 1,8}

Answers

Answer:

{(2,0),(-5,1),(7,8),(6,0),(-7,1)

Let $f$ be a linear function for which $f(6)-f(2)=12$. What is $f(12)-f(2)?$ Please explain how you found your answer. Thank you!

Answers

Answer:   30

========================================================

Explanation:

Since f(x) is linear, this means f(x) = mx+b

m = slopeb = y intercept

Let's plug in x = 6

[tex]f(x) = mx+b\\f(6) = m*6+b\\f(6) = 6m+b[/tex]

Repeat for x = 2

[tex]f(x) = mx+b\\f(2) = m*2+b\\f(2) = 2m+b[/tex]

Now subtract the two function outputs

[tex]f(6)-f(2) = (6m+b)-(2m+b)\\f(6)-f(2) = 6m+b-2m-b\\f(6)-f(2) = 4m\\[/tex]

The b terms cancel out which is very handy.

Set this equal to 12, since f(6)-f(2) = 12, and solve for m

[tex]f(6)-f(2) = 12\\4m = 12\\m = 12/4\\m = 3\\[/tex]

So the slope of f(x) is m = 3

-------------------------------------------------------------------------

Next, plug in x = 12

[tex]f(x) = mx+b\\f(12) = m*12+b\\f(12) = 12m+b[/tex]

We can then say:

[tex]f(12)-f(2) = (12m+b)-(2m+b)\\f(12)-f(2) = 12m+b-2m-b\\f(12)-f(2) = 10m\\[/tex]

Lastly, we plug in m = 3

[tex]f(12)-f(2) = 10m\\f(12)-f(2) = 10*3\\f(12)-f(2) = 30\\[/tex]

How many spaces does it move over

Answers

Answer:

The point at the bottom has to move over 2 to the left to be aligned with the point at the top however they will have a 3 space in between the 2 same for the point at the top, the top point moves over 2 to the right to be aligned with the bottom point, then they will have a 3 square space between each other.

Answer:Around 3 spaces between?

Step-by-step explanation:

You are dividing a rectangular garden into 2 equal sections by
placing a wooden plank diagonally across it, from one corner to
the opposite comer. The garden measures 4 feet by 6 feet. What
length diagonal plank should you buy, and why?
Diagonal planks are available in 1-foot increments (you can
buy a 1-foot board, or a 2-foot board, or a 3-foot board, and
so on...)
• You can cut the plank down from the size you buy to the
exact size, but you want to waste as little wood as possible.

Answers

Answer:

You can cut the plank down from the size you buy to the

exact size, but you want to waste as little wood as possible.

Based on a​ poll, among adults who regret getting​ tattoos, 24​% say that they were too young when they got their tattoos. Assume that six adults who regret getting tattoos are randomly​ selected, and find the indicated probability.

a. Find the probability that none of the selected adults say that they were too young to get tattoos.
b. Find the probability that exactly one of the selected adults says that he or she was too young to get tattoos.
c. Find the probability that the number of selected adults saying they were too young is 0 or 1.

Answers

Answer:

a) 0.1927 = 19.27% probability that none of the selected adults say that they were too young to get tattoos.

b) 0.3651 = 36.51% probability that exactly one of the selected adults says that he or she was too young to get tattoos.

c) 0.5578 = 55.78% probability that the number of selected adults saying they were too young is 0 or 1.

Step-by-step explanation:

For each person, there are only two possible outcomes. Either they say they were too young to get tattoos, or they do not say this. The probability of a person saying this is independent of any other person, which means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

24​% say that they were too young when they got their tattoos.

This means that [tex]p = 0.24[/tex]

Six adults

This means that [tex]n = 6[/tex]

a. Find the probability that none of the selected adults say that they were too young to get tattoos.

This is P(X = 0). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{6,0}.(0.24)^{0}.(0.76)^{6} = 0.1927[/tex]

0.1927 = 19.27% probability that none of the selected adults say that they were too young to get tattoos.

b. Find the probability that exactly one of the selected adults says that he or she was too young to get tattoos.

This is P(X = 1). So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 1) = C_{6,1}.(0.24)^{1}.(0.76)^{5} = 0.3651[/tex]

0.3651 = 36.51% probability that exactly one of the selected adults says that he or she was too young to get tattoos.

c. Find the probability that the number of selected adults saying they were too young is 0 or 1.

This is:

[tex]p = P(X = 0) + P(X = 1) = 0.1927 + 0.3651 = 0.5578[/tex]

0.5578 = 55.78% probability that the number of selected adults saying they were too young is 0 or 1.

Scores on the SAT are approximately normally distributed. One year, the average score on the Math SAT was 500 and the standard deviation was 120. What was the score of a person who did better than 85% of all the test-takers

Answers

Answer:

The score of a person who did better than 85% of all the test-takers was of 624.44.

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

One year, the average score on the Math SAT was 500 and the standard deviation was 120.

This means that [tex]\mu = 500, \sigma = 120[/tex]

What was the score of a person who did better than 85% of all the test-takers?

The 85th percentile, which is X when Z has a p-value of 0.85, so X when Z = 1.037.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]1.037 = \frac{X - 500}{120}[/tex]

[tex]X - 500 = 1.037*120[/tex]

[tex]X = 624.44[/tex]

The score of a person who did better than 85% of all the test-takers was of 624.44.

PLEASE HELP ANSWER THISS!!! I NEED THIS PLEASE!!! AND NO LINKS EITHER PLSS!!

Answers

It doesn't change because to add fractions, you need a common denominator. To find it, they multiplied 1/3 by 2 to make 2/6, to add to the 3/6.

what is the length of a rectangular solid with a volume of 180 cu ft, if it is 9 ft high and 4ft wide?

Answers

Answer:

5 ft

Step-by-step explanation:

The formula for Volume is V=lwh, or Volume = length x width x height.

The equation would be:

[tex]180=l(4)(9)[/tex]

or

[tex]180=36l[/tex]

To find the answer, divide by 36.

[tex]\frac{180}{36} =\frac{36l}{36}[/tex]

[tex]5=l[/tex]

Which statement is true about the parts of this expression?

StartFraction 5 over 6 EndFraction + one-fourth x minus y
The constant is StartFraction 5 over 6 EndFraction.
The only coefficient is One-fourth.
The only variable is y.
The terms StartFraction 5 over 6 EndFraction and One-fourth x are like terms.

Answers

Answer:

The constant is StartFraction 5 over 6 EndFraction

Step-by-step explanation:

StartFraction 5 over 6 EndFraction + one-fourth x minus y

5/6 + 1/4x - y

A. The constant is StartFraction 5 over 6 EndFraction.

True

B. The only coefficient is One-fourth.

False

There are two coefficients: the coefficient of x which is 1/4 and the coefficient of y which is 1

C. The only variable is y

False

There are 2 variables: variable x and variable y

D. The terms StartFraction 5 over 6 EndFraction and One-fourth x are like terms.

False

5/6 and 1/4x are not like terms

The only true statement is: The constant is StartFraction 5 over 6 EndFraction

Answer:

It's A if you don't want to read. A). The constant is 5/6

Step-by-step explanation:

Find the missing side length, and enter your answer in the box below. If
necessary, round your answer to 2 decimal places.
6
8

Answers

a^2+b^2=c^2
6^2+8^2=c^2
36+64=c^2
100=c^2
square root 100 = square root c^2
10=c
answer is 10

The missing side length is 10 unit.

What is Pythagoras theorem?

The relationship between the three sides of a right-angled triangle is explained by the Pythagoras theorem, commonly known as the Pythagorean theorem. The Pythagorean theorem states that the square of a triangle's hypotenuse is equal to the sum of its other two sides' squares.

We have,

Perpendicular = 6

Base = 8

Using Pythagoras theorem

c² = P² + B²

c² = 6² + 8²

c²= 36 + 64

c² = 100

c= 10 unit.

Thus, the missing length is 10 unit.

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Please help 20 points an will give Brainiest to who ever is right

Answers

It’s number B I feel like it’s the correct one

Answer:

horizontal expansion factor of 2

2^x =2(2)=4

2^4=2×2×2×2= 16

what is the radius of a circle in it in if the area is 36m²?
A.0.339 m
B.3.39 m
C.78.5 m²
D.339 m

Answers

Answer:

B. 3.39 m

Step-by-step explanation:

r² = A/π

= 36/3.14

= 11.465

r = √11.465 = 3.39

What is the difference of the two polynomials? (NineX squared plus 8X) minus (twoX squared plus 3X)

Answers

Answer:

[tex]7x {}^{2} + 5x[/tex]

Step-by-step explanation:

[tex]9x {}^{2} + 8x - (2x {}^{2} + 3x) \\ \\ = 9x {}^{2} + 8x - 2x {}^{2} - 3x (remove \: brackets) \\\ \\ = 7x {}^{2} - 5x [/tex]

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