A car got into an accident, so the owner decided to sell it as a sculpture. Turns out that a crunched up Mazda 5 is worth a lot on the open art market. If crushed car sculptures increase in value by 13% every 5 years, how long will it take for the crushed Mazda 5 to triple in value to the nearest year?

Q: An amount of money was invested at simple interest amounts to ₱815 in 3 years and ₱854 in 4 years.…

A: here on using the formula Amount = principle + simple interest ,we will get the invested money

Q: If $5000 is invested at 5% annual simple interest, how long does it take to be worth $6750?

A: We have to find time period where $5000 is invested at the rate of 5% and amount reached to $6750 We…

Q: a) If a car depreciates at 15% per year, how long is it until it is worth half of its original…

A: a) Given that a car depreciates at 15% per year. To find the time when it is worth half of its…

Q: Due to depreciation, the cost of a car decreases by 10.2% every year. How much is the estimated…

A: The solution is given below.

Q: A principal of P86, 000 will amount to how much when invested 2 years and 6 months at 11.25%…

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Q: If $5,000.00 is invested at 8% annual simple interest, how long does it take to be worth $8,200.00.

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Q: A sum of $1000 was invested for 4 years, and the interest was compounded semiannually. If this sum…

A:

Q: After several years of working, Katy has saved $125,000. If she invests that $125,000 in a savings…

A: Katy has saved money $ 125,000        Invested Money at interest = 4 % per year        Time  =…

Q: In the 2000 U.S. Census, a small city had a population of 50,000. By the 2010, the population had…

A:

Q: After several years of working, Katy saved $125,000. If she invests that $125,000 in a savings fund…

A: Given: Initial amount = P = 125000 Interest rate = r = 4% = 0.04 Time = t = 15 years To find: Final…

Q: a particular car is said to depreciate 15 percent each year. if the car new value is at 20,000, what…

A:

Q: A house purchased for $162,400 gains 5% of its value every year. If this growth rate continues, in…

A:

Q: A bank account uses simple interest. If 10,000 is deposited at a rate of 4% interest, how much money…

A:

Q: An antique vase was purchased in 2000 for $8000. If the vase appreciates in value by 5% per year,…

A:

Q: If $5000 is invested at 7% annual simple interest, how long does it take to be worth $7800?

A: Use formula of simple interest

Q: In the 2000 U.S. Census, a small city had a population of 60,000. By the 2010, the population had…

A:

Q: Doing a quick calculation, I found that a sum of $10,000 in 1993 had the same buying power as…

A:

Q: A machine is valued at $10,000. If the depreciation at the end of each year is 40% of its value at…

A: Price at start of first year =$10000 depreciation every year = 40%

Q: A sum of money doubles itself at compound interest in 15 years. In how many years will it become…

A:

Q: A Tesla Model Xsells for $104,350; if the car depreciates or loses 17% of its value each year. How…

A: Given that the depreciation rate = 17% = 0.17  So the depreciation factor = 1 - 0.17 =0.83  So after…

Q: During 2008 the S&P 500 index, depreciated by 37.6%. Assuming that this trend had continued, how…

A:

Q: A car is purchased for $38,500. If it is sold 7 years later for a price of $22,000. At what yearly…

A: Consider the provided question, Given, Principal (P) = $38,500 Amount(A) after 7 years = $22,000…

Q: The population of a certain colony of bacteria increases by 5% each hour. After 6 hours, what is the…

A:

Q: Assume that a car loses 10% of the value it had at the beginning of the year. Find its value at the…

A: Given the initial value of the car at the start of the year is $30,000. The car loses 10% of the…

Q: Elon musk decides to invest in a new company, his investment earns 5.2% per year, compounded…

A: Given: Elon musk decides to invest in a new company, his investment earns 5.2% per year, compounded…

Q: Suppose you save $5 each week. At the end of one year, how much money will you have saved?

A: Given : you save $5 each week Total week in one year =52

Q: Francine currently has $70,000 in her 401k account at work, and plans to contribute $8,000 each year…

A: NOTE: Refresh your page if you can't see any equations. . here we have PMT=8000 t=10 years r=7%=0.07…

Q: If P1000 accumulates to P1500 when invested at a simple interest for three years, what is the rate…

A:

Q: help with question 3

A: First, we find the rate of change of the price over the 5 years So every year price is decreasing…

Q: A salesman earns ​$60,000 in commission in his first year and then has his commission reduced by…

A:

Q: Find the rate of interest if N2,800 gains N600 in 5 years

A:

Q: A machine is valued at $10,000. If the depreciation at the end of each year is 20% of its value at…

A:

Q: During a prolonged recession, property values on Long Island depreciated by 4% every 6 months. If my…

A: Given-House cost/present value(PV)=$200,000n=6 yearsdepreciated rate(r)=4%frequency(f)=6 monthin…

Q: In the 2000 U.S. Census, a small city had a population of 40,000. By the 2010, the population had…

A: Let the population of city at time t be:  y(t)

Q: An account that yields 6% simple interest annually has $2,000. How much will be in the account after…

A:

Q: A man initially invested ​$800 in a savings account where interest is compounded annually. If after…

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Q: If the value of a stock depreciates at 3% a year, what will a $100 investment be worth in 20 years?

A: Given : Initial investment = $100, rate of depreciation = 3% and time = 20 years

Q: You paid $10,000 for a car whose value is depreciating by 14% per year, compounded annually.…

A: Given,Principle = $10000Interest rate = 14%Time period =3 years

Q: A bank pays 6 % interest annually on savings, compounding the interest yearly. If we deposit $1000,…

A: Consider the given information.

Q: A 15% compounded semi-annually has an equivalent rate of 2.0878%, how many times does it pay every…

A: Given information Equivalent rate=2.0878% And 15% compounded semi-annually. We know that, for…

Q: An account starts with $1,000, and pays 100 percent interest per year. If the interest is credited…

A: If the interest is computed and credited more frequently during the year, the value of the account…

Q: If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to…

A: Topic:- simple interest

Q: How much should be invested at 9% to have $1100 at the end of 5.5 years?

A: Topic:- algebra

Q: A new car is purchased for \$41,000$41,000 and over time its value depreciates by one half every 3…

A:

Q: What amount must be invested in order to have P128 376.52 after 8 years if money is worth 6%…

A: Disclaimer: Since you have asked multiple questions, we will solve the first question for you. If…

Q: If a new car costs $25,000 and depreciates at a rate of 16% per year, what will be the value of the…

A: We know that, if a depreciation of r% per year is applied over an amount P for n years, then the…

Q: A machine is valued at $10,000. If the depreciation at the end of each year is 10% of its value at…

A:

Q: The population of the Philippines doubled from 1967 to 1997. Assuming the rate of population…

A: Let 'x' be the population of Philippines in 1967. Therefore, in 1997 the population become '2x'   We…

Q: Suppose you invested $1100 in the stock market 2 years ago. During the first year, the value of the…

A:

Q: A car depreciates at the rate of 5% every year. If a car costs 650, 000 now, what is its value on…

A: We will solve the problem