a car depreciates by 16% per year. how many years will it be until the car is worth half its original value?

Q: 5. A family deposited $8000 into an account six years ago. The account eamed simple interest at a…

A: It is given that, Principle amount is, P=$8000 Total interest earned is, B=$1200 Rate of interest is…

Q: 1-year after a car is sold an owner finds it is worth 60% of the original price. If it is now worth…

A: 1-year after a car is sold an owner finds it is worth 60% of the original price. If it is now worth…

Q: mr. and mrs lkan deposite $15,000 into college saving account with an annual compound interest rate…

A: Given that Mr. and Mrs. Ikan deposited $15,000 into college saving account with an annual compound…

Q: Truck value: 64000  if the truck retained 60 percent of its value every year what is the value of…

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Q: $3280 at 0.3%. simple interest paid back in 9 years how much was paid in total?

A:

Q: Pim borrows $200 at 11% per annum compounded quarterly for 6 years. Determine the interest due on…

A: Given Jim borrows $200 at the rate of 11% compounded quarterly for 6 years.

Q: How an aclount in the account in 8 years Assume the account. earns 6% interest CompoyAced monthly…

A:

Q: An amount of 2200 is borrowed for 3 months with 2221.45 due at the end of the given period. Find the…

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Q: The population of Shady Cove is growing at 3% per year. If the population is currently 25,000, what…

A:

Q: e profit increases by 26% every 6 years.

A: Initial profit = $208 Increase rate after 6 years = 26%

Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

A:

Q: You buy a new computer for $2750. Every year, its value decreases by 7.5%. What will be the value of…

A: Here the price of the computer is decreasing at a rate of 7.5% as that of the pervious year. So the…

Q: The value of a tractor decreases by 9.85% each year. After 3 years its value is $20,150 a) Find the…

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Q: Saving Account: A man invests $8,000 in a savings plan that pays 7% per year. How much money will be…

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Q: Find the amount of compound interest earned. 5) $5000 at 6% compounded annually for 3 years

A: Recall the following fact.

Q: How many months will it take an amount of $6,000 to earn $120.00 simple interest at an annual rate…

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Q: Your parents buy a new computer for you at a cost of $2500. The computer depreciates (decreases) in…

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Q: 1. Kevin invests $725 at 5.2%/a simple interest. What is the total amount in Kevin's account at the…

A: For principal amount P, and simple interest r%/a, the amount after t years         = P(1 + rt/100)

Q: You invest $3075.00 into a savings account and make no deposits for 10 years. The account compounds…

A:

Q: Three successive 40% increases is how much of an increase?

A: The objective of this question is to find the total percentage increase after three successive 40%…

Q: A person 100$ in a bank account at the beginning of the month . The bank offers a return of 12%…

A: Given that: Principal amount in bank, P0 =100$ Rate of interest, i=12%

Q: A copy Machine depreciates at the rate of 15% each year. If the original copy of the copy machine…

A: We know, Value after time t years = Initial value × 1+rate100t

Q: 6. The value of a new speed boat depreciates at a rate of 7% per year. If the boat was bought for…

A:

Q: A time deposit account In a bank yields 5.5% compound interest Annually . Jennifer invested P 450 ,…

A: The formula for the amount for compound interest is given by  A=P1+r100t where P is the principal…

Q: You deposit $800 every six months into an account that pays 7% p.a interest compounded…

A: Given query is to find the amount of interest earned in 30 years.

Q: Steven is 42 inches tall. On average he grows at a rate of 5.5% each year. How tall will Steven be…

A: We have to find Steven's height after 3 year.