A car was purchased for $32 500, and its value depreciated annually by 16%. Find the value of the car after 10 years.

Q: A sales person at a clothing store sells $2,480 worth of clothing in one week. If she is paid…

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Q: If you started with $50.00 and you spent $10.00, what is the percent change in the amount of money…

A: It can be solve using percentage change formula

Q: A $22,000 car depreciates by $2,750 each year. What is the car worth after 5 years?

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Q: Sally made a profit of $2500 after selling stocks for $19000 after 2.5 years.What was her average…

A: We need to find average annual growth rate.

Q: Mikkel pays a 4 percent state income tax on his earnings. If he earns $1,867, how much state income…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: In the year 2001, a person bought a new car for $28000. For each consecutive year after that, the…

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Q: A house that was purchased for $175,000 has a property tax of $7,000Four years later, the house was…

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Q: mrs.Jackson needs to earn $3,000 a month. how much does she need to sell if she earns 15% commission…

A: For the solution of the problem follow the next step.

Q: profit

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Q: calculate how much each should receive from the winnings.

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Q: A particular new car loses one-third of its value when driven off of the lot. On the way home it was…

A: Given: Car loses one-third of its value when driven off of the lot. Further its value is reduced…

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

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Q: To finance her community college education, Sarah takes out a loan for $2900. After a year Sarah…

A: Given that, Sarah takes out a loan for $2900 to financeher communinty college education.After a year…

Q: Sherry has a goal of retiring with $434,598 by making weekly deposits into an investment account…

A: Given   Sherry has a goal of retiring with $434,598 by making weekly deposits into an investment…

Q: How much will you have to pay for the TV in total?

A: 3.4 Given that, To buy a 76 inch plasma curve TV, Deposit = R 3,120 Monthly installment = R 712.48…

Q: Tom earned $ 504 when he invested $16,820 for 8 months. His rate of simple interest was:

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Q: This year, a salesman sells a total of $60,000 worth of steak knives by going door-to-door. This…

A: Given that a salesman sells a total of $60000 worth steak knives and it represents a 20% increase…

Q: In five years Gloria's bank account earned 2400 interest at 5% simple interest . How much had she…

A: Given that In five years Gloria's bank account earned 2400 interest at 5% simple interest To find…

Q: mrs smith earns $2,400 per month and saves $600. what percent of her monthly income does she save

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Q: In 5 years, Gloria's bank account earned $2,4000 interest at 5%. How much had she deposited in the…

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Q: Elsa borrowed $9000 from a bank for 4 years and was charged for simple interest. The total interest…

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Q: A three-bedroom house in Buena Park is worth 596,000. If the cost of a house increases at 8.4% per…

A: #2. From the given information, the given model is an growth model. Given that, the initial is…

Q: If you pay the credit card company 196.80 each month in order to pay off your credit card, and it…

A: The detailed answer is given below-

Q: Each month, Carl’s student loan and credit card payments are $800. Carl’s monthly take-home pay is…

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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: A student at the University of New Orleans makes money by buying and selling used cars. Charles…

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Q: Nusaibah works in a supermarket for $10.00 per hour. If her pay is increased to $17.00, then what is…

A:

Q: Sally made a profit of $2500 after selling stocks for $19000 after 2.5 years. What was her average…

A:

Q: A house on the market was valued at 397,00. After several years, the value increased by 17% By how…

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Q: emily kailyn received an inheritance of $208,000.00 from her grandfather and invested part at 10%…

A: Follow below steps to obtain the answer: -As we know that formula for calculating simple interest is…

Q: Archie Buchanon has a $28,000 boat that loses 12.5% of its value yearly.  How much is his boat worth…

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Q: A car was bought for $85,000. It was sold 10 years later for $20,500. At what yearly rate did it…

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Q: In the year 2003, a person bought a new car for $17500. For each consecutive year after that, the…

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Q: Jayden was recently hired for a job with an annual income of $⁢43,000. Using the federal income rate…

A: Given information Annual income = $43000 income rate = 15% Jayden expect to pay in federal income…

Q: A distributor has a rate of markup of 35.00% on cost of its textbooks. If it sells each textbook for…

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Q: one man received 15% more then the other man when they shared an inheritance of $4300 how much did…

A: One man received $2000, another man received $2300

Q: A man bought a second hand photocopying machine for #34000. He serviced it at a cost of #2000 and…

A:

Q: A customer at a restaurant leaves $80 on the table to pay for the food, a 15% tip, and 8% sales tax,…

A: Let x is the cost of the food, The customer has paid total $80 which is inclusive of tip of 15%…

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: Your best friend just bought a 4 year old model motorcycle for $2,500. The seller told your friend…

A: P(t)=P0(1-r)t

Q: A collector of football trading cards paid $6 for a 1984 Dan Marino rookie card several years ago.…

A: Given a collector of football trading cards paid $6 for a 1984 Dan Marino rookie card several years…

Q: A car was valued at $42,000 in the year 1995. The value depreciated to $11,000 by the year 2000.

A: A car was valued at $42,000 in the year 1995. The value depreciated to $11,000 by the year…

Q: In the year 2006, a person bought a new car for $18000. For each consecutive year after that, the…

A:

Q: A printing press costing $250 000 was sold 4 years later for $80 000. At what yearly rate did it…

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Q: The Smiths bought an apartment for $75,000. Assuming that the value of the apartment will appreciate…

A: Please see the answer in Step 2

Q: Cynthia, a sales representative at a jewelry store, receives a 1.00% commission for the first…

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Q: A store owner paid $160 wholesale price for a suit. He needs to make a 35% profit on the sale of the…

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Q: A butcher sells 4 paunds of meat for $14. What is the price per pound

A: A butcher sells 4 pounds of meat for $14.

Q: Gavin purchased a new truck that was worth $59,000. It depreciates by 15% each year. At this rate,…

A: When an item of $P depreciates at a rate of R% per year, then the price of the item after n years is…