Suppose a car that sells for $40,000 depreciates 10% per year. How many
years would it take for the car to have a value less than $25,000?

Answers

Answer 1

Answer:

It would take 5 years for the car to have a value of less than $25,000

Step-by-step explanation:

Exponential Decaying Model

The exponential function is often used to model natural decaying processes, where the change is proportional to the actual quantity.

We have the initial value of a car is $40,000. Each year it depreciates by 10%.

Thus the first year its value is 90% of the initial value:

V1 = 90 * $40,000 / 100 = $36,000

By the second year its value is 90% of $36,000:

V2 = 90 * $36,000 / 100 = $32,400

Note the value for a year n is the original value multiplied by 90% (or 0.9) to the power of n:

[tex]Vn = $40,000 \cdot 0.9^n[/tex]

To find the number of years needed to have a value of less than $25,000, we solve the equation:

[tex]40,000 \cdot 0.9^n = 25,000[/tex]

Dividing by 40,000:

[tex]0.9^n = 25,000/40,000 = 0.625[/tex]

Taking logarithms:

[tex]n\log 0.9=\log 0.625[/tex]

[tex]n=\log 0.625 / \log 0.9[/tex]

n =4.5

We'll round up to n = 5

It would take 5 years for the car to have a value of less than $25,000


Related Questions

The following is a set of hypotheses, some information from one or more samples, and a standard error from a randomization distribution. Test H0 : p=0.28 vs Ha : p<0.28 when the sample has n=800, and p^=0.217 with SE=0.01.

Required:
Find the value of the standardized z-test statistic.

Answers

Answer:

Z = -6.3

Step-by-step explanation:

Given that:

[tex]\mathbf{H_o :p= 0.28}[/tex]

[tex]\mathbf{H_o :p < 0.28}[/tex]

Since the alternative hypothesis is less than 0.28, then this is a left-tailed hypothesis.

Sample sixe n = 800

[tex]\hat p[/tex] = 0.217

The standard error [tex]S.E(p) = \sqrt{\dfrac{p(1-p)}{n}}[/tex]

[tex]S.E(p) = \sqrt{\dfrac{0.28(1-0.28)}{800}}[/tex]

[tex]S.E(p) \simeq0.015[/tex]

Since this is a single proportional test, the test statistics can be computed as:

[tex]Z = \dfrac{\hat p - p}{\sqrt{\dfrac{p(1-p)}{n}}}[/tex]

[tex]Z = \dfrac{0.217- 0.28}{0.01}[/tex]

Z = -6.3

Marine biologists have been studying the effects of acidification of the oceans on weights of male baluga whales in the Arctic Ocean. One of the studies involves a random sample of 16 baluga whales. The researchers want to create a 95% confidence interval to estimate the true mean weight of male baluga whales. Their data follow a normal distribution. The population standard deviation of weights of male baluga whales is ????=125 kg, and the researchers feel comfortable using this standard deviation for their confidence interval.
Assuming the relevant requirements are met, calculate the margin of error in estimating the true mean weight of male baluga whales in the Artic Ocean.
a. 15.31 kg
b. 51.40 kg
c. 61.25 kg
d. 80.49 kg

Answers

Answer:

c. 61.25 kg

Step-by-step explanation:

The margin of error in estimating the true mean weight of male baluga whales in the Artic Ocean.

a. 15.31 kg

b. 51.40 kg

c. 61.25 kg

d. 80.49 kg

Margin of Error Formula= z × Standard deviation/√n

95% confidence interval = 1.96

Standard deviation = 125kg

n = 16 samples

Margin of error= 1.96 × 125/√16

= 1.96 × 125/4

= 245/4

= 61.25kg

The margin of error in estimating the true mean weight of male baluga whales in the Artic Ocean is 61.25kg

b. Multiply (3 x - 1) by (x + 1)​

Answers

Answer:

(3x - 1)(x + 1) = 3x² + 2x - 1

Step-by-step explanation:

[tex] \rm \longrightarrow (3x - 1)(x + 1) \\ \\ \rm \longrightarrow 3x(x + 1) - 1(x + 1) \\ \\ \rm \longrightarrow (3x)(x) + (3x)(1) + ( - 1)(x) + ( - 1)(1) \\ \\ \rm \longrightarrow 3 {x}^{2} + 3x + ( - x ) + ( - 1) \\ \\ \rm \longrightarrow 3 {x}^{2} + 3x - x - 1 \\ \\ \rm \longrightarrow 3 {x}^{2} + 2x - 1[/tex]

Answer:

(3x - 1)(x + 1) = 3x² + 2x - 1

Step-by-step explanation:

got it right on edge

Answer This math question and ill give brainliest

Answers

Answer:

16 miles

Step-by-step explanation:

there are 8 units between the points each unit is 2 miles so 8*2= 16

what is the equation of a line perpendicular to line with equation 2x-5y=5

Answers

Answer:

its -5

Step-by-step explanation:

Which of the following ratios is not equivalent to 2:10
A.1/5
B.2/5
C.4/20
D.6/30

Answers

Answer:

D because 6/30 is not the same as 2:10

Answer:

2/5 is not equibalent to 2:10

Step-by-step explanation:

2:10

1/5 × 2 = 2/10

2/5 × 2 = 4/10

4/20÷2 = 2/10

6/30÷3 = 2/10

Help Number three please!!!

Answers

Step-by-step explanation:

108-ambulance

100- police

1098-child laber

Assume that SAT scores are normally distributed with mean 1518 and standard deviation 325. Round your answers to 4 decimal placesa. If 100 SAT scores are randomly selected, find the probability that they have a mean less than 1500.b. If 64 SAT scores are randomly selected, find the probability that they have a mean greater than 1600c. If 25 SAT scores are randomly selected, find the probability that they have a mean between 1550 and 1575d. If 16 SAT scores are randomly selected, find the probability that they have a mean between 1440 and 1480.e. In part c and part d, why can the central limit theorem be used even though the sample size does not exceed 30?

Answers

Answer:

a. 0.2898

b. 0.0218

c. 0.1210

d. 0.1515

e. This is because the population is normally distributed.

Step-by-step explanation:

Assume that SAT scores are normally distributed with mean 1518 and standard deviation 325. Round your answers to 4 decimal places

We are using the z score formula when random samples

This is given as:

z = (x-μ)/σ/√n

where x is the raw score

μ is the population mean

σ is the population standard deviation.

n is the random number of samples

a.If 100 SAT scores are randomly selected, find the probability that they have a mean less than 1500.

For x = 1500, n = 100

z = 1500 - 1518/325/√100

z = -18/325/10

z = -18/32.5

z = -0.55385

Probability value from Z-Table:

P(x<1500) = 0.28984

Approximately = 0.2898

b. If 64 SAT scores are randomly selected, find the probability that they have a mean greater than 1600

For x = 1600, n = 64

= z = 1600 - 1518/325/√64.

z= 1600 - 1518 /325/8

z = 2.01846

Probability value from Z-Table:

P(x<1600) = 0.97823

P(x>1600) = 1 - P(x<1600) = 0.021772

Approximately = 0.0218

c. If 25 SAT scores are randomly selected, find the probability that they have a mean between 1550 and 1575

For x = 1550, n = 25

z = 1550 - 1518/325/√25

z = 1550 - 1518/325/5

z = 1550 - 1518/65

= 0.49231

Probability value from Z-Table:

P(x = 1550) = 0.68875

For x = 1575 , n = 25

z = 1575 - 1518/325/√25

z = 1575 - 1518/325/5

z = 1575 - 1518/65

z = 0.87692

Probability value from Z-Table:

P(x=1575) = 0.80974

The probability that they have a mean between 1550 and 1575

P(x = 1575) - P(x = 1550)

= 0.80974 - 0.68875

= 0.12099

Approximately = 0.1210

d. If 16 SAT scores are randomly selected, find the probability that they have a mean between 1440 and 1480

For x = 1440, n = 16

z = 1440 - 1518/325/√16

= -0.96

Probability value from Z-Table:

P(x = 1440) = 0.16853

For x = 1480, n = 16

z = 1480 - 1518/325/√16

=-0.46769

Probability value from Z-Table:

P(x = 1480) = 0.32

The probability that they have a mean between 1440 and 1480

P(x = 1480) - P(x = 1440)

= 0.32 - 0.16853

= 0.15147

Approximately = 0.1515

e. In part c and part d, why can the central limit theorem be used even though the sample size does not exceed 30?

The central theorem can be used even though the sample size does not exceed 30 because the population is normally distributed.

Please help im stuck

Answers

Answer:

B

Step-by-step explanation:

substitution because

if m∠3=m∠7, and m∠7=m∠6 you can substitute

m∠7 to m∠3 and get m∠3=m∠6

Which of the restricted domains will produce an inverse function for tangent ?
X=-pi, x= pi
X=-pi/2, x=pi/2
X=0, x=pi/2
X=0, x=2pi

Answers

Answer: B) x=-pi/2 , x=pi/2

Step-by-step explanation:

Just did it!

Answer:

B

Step-by-step explanation:

Edge 2020

A can of paint will cover 400 square feet. What is the length of the edge of the largest square that can be painted with this can of paint?

Answers

For the area of a circle is πr² as you stated so all you do is set 400 equal to πr² and solve for r.

400=πr²/π
127.32=r²
√127.32)= r
r=11.3

Same thing for this except you use 800 instead of 400 so.

800=πr²
254.64=r²
√254.64)= r
r=15.9 or 16.0 for rounding purposes.

Un banco de México es comprado por otra institución de origen español. El nuevo director, decide fusionar la operación entre ambas instituciones donde se aprovisionen servicios de internet desde España a México. Para lograr lo anterior, ¿qué debe plantear el director como proyecto para unir ambas operaciones?

Answers

Question:

A bank in Mexico is bought by another institution of Spanish origin. The new director decides to merge the operation between both institutions where internet services are provided from Spain to Mexico. To achieve this, what should the director propose as a project to unite both operations?

My mom translated this for me and I am writing the reply with Google Translate sorry if it sucks.

Ésta es una pregunta muy específica. Creo que dependería de la preferencia del director y de los fondos.

If y varies jointly as x and z and inversely as the square of w, and y = 3 when x = 3, Z = 10, and w = 2, then y = 4 when x = 4, z = 20, and w= 4.

True or False ?

Answers

Answer:

True ; it is true

Step-by-step explanation:

The statement that y = 4 when x = 4, z = 20, and w= 4 is not true because the constant of proportionality is not equals to 2 / 5.

What is variation?

Variation describes a simple relationship between two variables.

Therefore, y varies jointly as x and z and inversely as the square of w

y ∝ xz ∝ 1 / w²

Therefore,

y = kxz / w²

where

k = constant of proportionality

Hence,

y = 3

x = 3

z = 10

w = 2

yw² / xz = k

k = 3 × 2² / 3 × 10

k = 12 / 30

k = 6 / 15 = 2 / 5

Therefore, let's test for y = 4 when x = 4, z = 20, and w= 4.

k = 4 × 4²  / 4 × 20

k = 64 / 80

k = 16 / 20 = 4 / 5

learn more on variation here: https://brainly.com/question/17068737

#SPJ2

Write an equation in slope intercept form and in standard form for the line passing through (4,9) and perpendicular to x=-6

Answers

Answer:

Input work is the work done on a machine as the input force acts through the input distance. This is in contrast to output work which is a force that is applied by the body or system to something else. Output work is the work done by a machine as the output force acts through the output distance.Jan 15, 2020 hwgsvsd d jxvsd

dvsud sgsgs hsysvdudbd dvyd dhsgtsjd vsytwgsud gsyfwuyebdbhys. dusgcejd b

What were the coordinates of point B after being translated 4 units left

Answers

Answer: B' (x-4,y)

Step-by-step explanation: A figure which is moved from one location to antoher, without changing its size, shape or orientation, is a figure that went through translation.

So, when a point is translated, it means it changed its position.

Point B has x- and y-coordinates: B(x,y)

Point B' after being translated 4 units left means:

(x,y) → (x-4,y)

In other words, translated point B has coordinates

B(x-4, y)

Because moving left is saying the point is moving towards the negative "side" of the x-axis.

Answer Choices:

A) (-6, -1)

B) (6, -1)

C) (-6, 1)

How much does Jimmy earn each week, and
how much does he save by week 4?
A. Jimmy earns $3 each week, and he has $12 by
week 4.
B. Jimmy earns $3 each week, and he has $10 by
week 4.
C. Jimmy earns $6 each week, and he has $12 by
week 4.
D. Jimmy earns $6 each week, and he has $10 by
week 4.

Answers

Answer:

we need more info to answer this question

Answer:

A.

Step-by-step explanation:

12 divided by 4 equals 3. So if he gets 3 dollars a week by the fourth week he should have 12 dollars. It could also be 4 times 3 equals 12.

Will you always be able to use rigid transformations to verify that two shapes are congruent or not congruent? If yes, why is that the case? If not, why not? ( plz answer its a big grade plzzz thx you to whoever helps)

Answers

Answer:

Yes

Step-by-step explanation:

the sum of 8.23, 7.96 and 17.65​

Answers

Answer:

इएइहेइएबे!!न्बेओएहेजेने

2. An inaccurate clock loses
3.
minutes every 8 hours. How much time will the clock lose in one
week?

Answers

Answer: If it loses 3 minutes every 8 hrs than it loses 9 minutes every day. 9*7=63, it will lose 63 minutes in one week.

Write 0.45 as a fraction.

Answers

Answer:

9/20

Step-by-step explanation:

0.45 = 45/100

45/100=9/20 (divide numerator and denominator by 5)

This is the fraction for 0.45

12cm and 9cm respectively, find its length. (एउटा कोठाको चार भित्ताको क्षेत्रफल 420 वर्ग
The area of four walls of a room is 420 sq. cm. If the length and breadth of the room are
area of four walls of the room? (परिमिती 32 साम
कोठाको चार भित्ताको क्षेत्रफल कति होला?)
सेमि छ । यदि उक्त कोठाको लम्बाई र चौडाई क्रमशः 12cm र 9 cm भए उचाई पत्ता
लगाउनुहोस ।​

Answers

Given Length of Cuboid = 12cm

Given Breadth of Cuboid = 9cm

Given height of Cuboid = 8cm

Total Surface area of cuboid = 2(lb + bh + hl)

where, l stands for legth of the cuboid, b stands for breadth of the cuboid and h stands for height of the cuboid.

Put the given values of l,b and h in the formula

=> Total surface area of cuboid = 2((12×9)+(9×8)+(8×12))

=> 2(108 + 72 + 96)

=> 2(180 + 96)

=> 2 × 276

=> 552 sq. cm is the total surface area of cuboid

Joe borrowed $3,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 6 years?

Answers

Answer:

1260

Step-by-step explanation:

I'm not 100% sure this is correct

Answer:

$1,260

Step-by-step explanation:

I = Prt

I = 3,000 (0.07) (6)

I = 3,000 (0.42)

I = 1,260

Joe paid $1,260 in 6 years.

2. An inaccurate clock loses
3 1/2
minutes every 8 hours. How much time will the clock lose in one
week?

Answers

Answer: 588 min

24x7 x3.5

Solve for x in the expression:
3 + 2x + 5 =0​

Answers

x=-4
3+5 = 8
2x+8=0
2x = -8
x=-4

Answer:

x= -4

Step-by-step explanation:

3 + 2x + 5 = 0

8 + 2x = 0

2x = -8

2x/2 = -8/2

x= -4

Solve for g.

g + (-5) = 27

Answers

g=32
you add 5 to 27 since it is a negative. and then 32-5=27

answer: g=32 u should simplify

Which equation correctly shows the relationship between the numbers 6,560 and 656?

Answers

Answer:

656×1000

Step-by-step explanation:

BLANK% of 50 shirts is 2 shirts.

Answers

Answer:

4%

Step-by-step explanation:

2/50 is 4....I believe.

A quality control expert at LIFE batteries wants to test their new batteries. The design engineer claims they have a variance of 2601 with a mean life of 1191 minutes. If the claim is true, in a sample of 167 batteries, what is the probability that the mean battery life would differ from the population mean by less than 3.5 minutes?

Answers

Answer:

i do not know i will try .

In order to become a member at a gym, there is a $75 startup fee. You then have to pay $15 per month. Write an equation in slope-intercept form modeling this situation where y represents the total cost and x represents the number of months spent at the gym

Answers

Answer:

y = 15x +75

Step-by-step explanation:

15 is the number of months and changes based on how many months

75 doesn't change, remains constant.

Which graph shows a proportional relationship between the number of hours of renting a canoe and the total amount spent to rent the canoe?

Answers

Answer:

Uh pick a graph that is straight line and passes through 0

Step-by-step explanation:

You don't have screenshot

Answer:

This would be simaler to the answer

Step-by-step explanation:

A graph is shown. The values on the x axis are 0, 2, 4, 6, 8, 10. The values on the y axis are 0, 18, 36, 54, 72, and 90. Points are shown on ordered pairs 0, 0 and 2, 18 and 4, 36 and 6, 54 and 8, 72. These points are connected by a line. The label on the x axis is Number of Hours. The title on the y axis is Total Amount in dollars.

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