Dan buys a car for £2200.
It depreciates at a rate of 0.5% per year.
How much will it be worth in 6 years?
Give your answer to the nearest penny

Answers

Answer 1

Answer:

The worth of the car after 6 years is £2,134.82

Step-by-step explanation:

The amount at which Dan buys the car, PV = £2200

The rate at which the car depreciates, r = -0.5%

The car's worth, 'FV', in 6 years is given as follows;

[tex]FV = PV \cdot \left ( 1 + \dfrac{r}{100} \right )^n[/tex]

Where;

r = The depreciation rate (negative) = -0.5%

FV = The future value of the asset

PV = The present value pf the asset = £2200

n = The number of years (depreciating) = 6

By plugging in the values, we get;

[tex]FV = 2200 \times \left ( 1 + \dfrac{-0.5}{100} \right )^6 \approx 2,134.82[/tex]

The amount the car will be worth which is its future value, FV after 6 years is FV ≈ £2,134.82 (after rounding to the nearest penny (hundredth))


Related Questions

Write an equation for when k= 1/6

Answers

Answer:

2/6 - 1/6 = k

Step-by-step explanation:

Can someone please help me !!!

Answers

1) false
2) t is the independant variable, C is the dependant variable
3) true

Which system of equations shows a solution of (–3.5, 4)?​

Answers

Answer:

my nombre es mamaguevo

Step-by-step explanation:

Answer:

The answer is A, The first graph

Step-by-step explanation:

It's the only answer that makes sense.

2/7 x 8 is greater than less than or equal to 2/7?

Answers

Answer:

greater

Step-by-step explanation:

2/7 x 8=16/7    16/7>2/7

Answer:

greater than 2/7x8>2/7

Step-by-step explanation:

2/7x8=16/7=2 2/7

Please help with my work!

Answers

Answer:

x,y =3,-4

Step-by-step explanation:

// Solve equation [1] for the variable  y

 [1]    y = 2x - 10

// Plug this in for variable  y  in equation [2]

  [2]    3x - 2•(2x-10) = 17

  [2]    -x = -3

// Solve equation [2] for the variable  x

  [2]    x = 3

// By now we know this much :

   x = 3

   y = 2x-10

// Use the  x  value to solve for  y

   y = 2(3)-10 = -4

1: How many total pounds of potatoes were rationed each week?

2: how many total pounds of bread were rationed each week?

Answers

Answer:

jk rjliukrulukurkd heeeey k37739

The ratio that is equivalent to 15:42?

A) 5: 12
B) 10:28
C) 36:48
D) 5:21

Answers

Answer:

it's actually none of these.

Step-by-step explanation:

if we divide 15 by 3 we also have to divide 42 by 3. We end up with 5:14. 15 isn't divisible by any number other than 1, 3, 5, and 15.

the segment.
If a point, ray, line, line segment, or plane intersects a segment at its midpoint, then it is?

Answers

Answer:

If A Point, Ray, Line Segment, or Plane intersects a segment at its midpoint, then it Bisects the segment.

Step-by-step explanation:A segment, ray, line, or plane that is perpendicular to a segment at its midpoint is called a perpendicular bisector. If a point is on the perpendicular bisector of a segment, then it is equidistant from the endpoints of the segment. Point is equidistant from two points if its distance from each point is the same.

whats the slope help pls!

Answers

The right answer should be y=3x+2

A sports store near Big Bear Lake is having a 20% off sale on all water skis. What will the sale price be for water skis which regularly sell for $248?

(Need the work to be shown)

Answers

248 x 0.8 = $198.40
answer $198.40

Please need ASAPpppppp

Answers

Answer:

3; 12 min and 500 words

Step-by-step explanation:

They will have the same amount after 12 min and 500 words

Its easy if you plug it into the Desmos graphing calculator. Just do

y =25x+200 and the other and it will make math much easier.

Help needed ASAP it’s geometry

Answers

Answer:

          32

Step-by-step explanation:

[tex]\tan(29.4^o)=\dfrac{?}{56.8}\\\\\tan(29.4^o)\times56.8=?\\\\?\approx0,563471\times56.8\approx32[/tex]

What is the value of the expression below when z=7?
3z-3
A
12
B
18
21
34

Answers

Answer:18

Step-by-step explanation:3(7) -3 = 21-3 = 18

Answer:

as z= 7                                     ANSWER IS 18

3z -3

3(7) -3 =21-3 =18

Step-by-step explanation:

PLZZ MARK AS BRAINLIEST!!!!!

Which equation represents the line that passes
through the points (-5, 5) and (9, -3)?

Answers

Answer:

Step-by-step explanation:

(-3 -5)/(9+5)= -8/14= -4/7

y - 5 = -4/7(x + 5)

y - 35/7 = -4/7x - 20/7

y = -4/7x + 15/7

Which equation has the steepest graph? Answer Choices:
y = x – 9
y = 9x + 3
y = -11x – 5
y = -x + 6

Answers

I think its y=x-9

sorry if im wrong :(

The volume of a sphere is two-thirds of a cylinder. What is the volume of a cylinder that has the same diameter as a sphere with a volume of 14 u^3, in u^3

Answers

Answer:

[tex]V_2= \frac{28}{3} u^3[/tex]

Step-by-step explanation:

Given

Represent the volume of the cylinder with V1 and the volume of the sphere with V2

So, from the first statement: we have:

[tex]V_2 =\frac{2}{3}V_1[/tex]

and

[tex]V_1 = 14u^3[/tex]

To solve for [tex]V_2[/tex], we simply substitute [tex]14u^3[/tex] for [tex]V_1[/tex] in [tex]V_2 =\frac{2}{3}V_1[/tex]

[tex]V_2 =\frac{2}{3}V_1[/tex]

[tex]V_2= \frac{2}{3} * 14u^3[/tex]

[tex]V_2= \frac{2* 14}{3} u^3[/tex]

[tex]V_2= \frac{28}{3} u^3[/tex]

Hence, the volume of the sphere is [tex]\frac{28}{3} u^3[/tex]

Sasha is ordering balloons for a party. She wants to have a red and blue balloons with a ratio of 6 red
to 10 blue. If she wants to purchase 300 balloons total, how many red balloons will she need to
purchase?

Answers

Answer:

112.5 Red balloons

Step-by-step explanation:

6:10

We can set up a proportion to solve

6/6+10=6/16

6/16=x/300

16x=300*6

16x=1800

x=112.5

What is the quotient of 5 1/4 divided by 15

Answers

.35 is your answer that your looking for

Answer:

I think the answer would be 0.35, 7/20, 35%

Step-by-step explanation:

They are all the same its just different form

What type of quadrilateral is ABCD? Move segments and words to blanks to classify quadrilateral ABCD

Answers

The quadrilateral that is illustrated based on the information and diagram is a square.

What is a quadrilateral?

A quadrilateral is a plane figure with four edges and four corners, also known as vertices. The quadrilateral's four vertices or corners all have angles. A quadrilateral has four straight sides and is a two-dimensional shape. Parallelograms, trapezoids, rectangles, kites, squares, and rhombuses are a few examples of quadrilaterals.

A quadrilateral with four equal sides and angles is called a square. Due to its equal sides and angles, it is also a regular quadrilateral. A square has four 90° angles, just like a rectangle does. It can also be thought of as a rectangle with equal lengths on its two adjacent sides. A square is a quadrilateral with four equal sides and four equal angles that is a regular quadrilateral. The square's angles are at a right angle or 90 degrees.

Learn more about quadrilateral on:

https://brainly.com/question/23935806

#SPJ1

Tim rides 3.2 miles on his bike everyday How far does Tim ride in one week

Answers

Answer:

22.4

Step-by-step explanation:

Just multiply 3.2 by 7 to get 22.4 miles a week. Easy.

how do I solve
3x-2y=2

Answers

Answer:

Both

Step-by-step explanation:

Solve for X= 2/3 + 2y/3

Solve for Y= -1 + 3x/2

Answer:

To solve for y you need to get y by itself and to get x you need to get x by itself

Step-by-step explanation:

Solve for y:

subtract 3x from both sides

-2y= 2 - 3x

divide by -2 on both sides

y= -1 + 1.5x or y= 1.5x -1

Solve for x:

add 2y to both sides

3x= 2+2y

divide both sides by 3

x= [tex]\frac{2}{3}[/tex]+[tex]\frac{2}{3}[/tex]y

(answers are in bold)

Please help I have tried multiple times but keep getting it wrong.

Solve the following inequality, then graph the solution set. | x | − 6 ≥ − 4. Answer in interval notation.

Answers

Answer:

inequality form: x

x≤ 4 or x≥8

Interval Notation:

(-∞, 4] U[8,∞)

Explanation

Solve the following inequality, then graph the solution set. | x | − 6 ≥ − 4. Answer in interval notation.

A bag has 5 yellow marbles, 3 red marbles and 2 blue marbles. Quinn randomly picks a marble from the bag and returns it before another is picked. How many times would Quinn expect to pick a blue marble if he picks a marble 200 times?​

Answers

Answer:

20%

Step-by-step explanation:

or 20 because since there is 5 and 3 you ad them and you get 5, 5+5 =10 and its like 100 but its not so, 2 of 10 is like saying 20% of 100

Answer:

40

Step-by-step explanation:

200/10=20

There are 2 blue marbels so 20x2=40

Exercise 3
A box of granola bars contains an assortment of flavors. You randomly choose a granola bar and eat it.
Then you randomly choose another bar.
Event A: You choose a coconut almond bar first.
Event B: You choose a cranberry almond bar second.
Events A and B are
because the occurrence of event A
affect the
occurrence of event B.

Answers

Answer:

I'm sorry

Step-by-step explanation:

I don't know the answer

Solve each of thr following sytem of equations by substitution!!

4x+3y=37
y=x-4

Answers

x = 7, y = 3
yeeeeeeee

Use the model below to solve for the value of X.

Answers

Answer:

Find the X value bring the X value to the left side then bring the remaining value to the right side Then simplify the value to find the result

Step-by-step explanation:

Name the Set or Sets of numbers to which −25 belongs.

Answers

{-25},
integers,
rational numbers,
real numbers,
complex numbers,
many others.

Please this is so confusing to me for some reason if anyone could answer the for me and have it correctly I’ll give big brain

Answers

Answer:

It doubles every month.

Step-by-step explanation:

0 month - 6

1 month - 12

2 month - 24

3 month - 48

4 month - 96

5 month - 192

6 month - 384

7 month - 768

8 month 1536

Answer:

[tex] \underline{\boxed{1536}}[/tex]

Step-by-step explanation:

[tex]there \: is \: a \: partern \: for \: it \to \\ \boxed{T = (m + 1)}\boxed{P = (2 \times p)} \\ \boxed{0}\boxed{6} \\ \boxed{1}\boxed{12} \\ \boxed{2}\boxed{24} \\ \boxed{3}\boxed{48} \\ \boxed{4}\boxed{96} \\ \boxed{5}\boxed{192} \\ \boxed{6}\boxed{384} \\ \boxed{7}\boxed{768} \\ \boxed{8}\boxed{1,536} \\ [/tex]

Miguel read 1 page on Friday, 3 pages on Saturday, 9 pages on Sunday, and 27 pages on Monday. If this pattern continues, how many pages will Miguel read on Tuesday?

Answers

Answer:

81

Step-by-step explanation:

Miguel is reading 3x the pages everyday. 1x3=3 3x3=9 9x3=27 27x3=81

Alice spends $7 on lunch and $5.50 on a CD. She also buys 2 sweaters that each cost the same amount. Alice spends a total of $45. What is the cost of each shirt?

Answers

Answer:  $15.75

Step-by-step explanation:

the answer is 16.25
7+5.5=12.5
45-12.5=32.5
32.5/2=16.25
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