A cell phone costs $750 and loses 28% of its value each year. What is the value of the phone after 2 years

Q: Monthly, Juan's net earnings are 5000, and expenses are 4.500. If Juan saves the difference, how…

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Q: Stephan has $100, which he put in a savings account that pays4% interest, compounded annually. How…

A: Since solve the first question for you. If you want any specific question to be solved then please…

Q: Four: $600 deposited one time in a CD that compounds once yearly at 12%. How much will be the total…

A: for compound interest use the formula here we have P=600 r=12%=0.12 t=50 years n=1 for annual…

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: How much more money would be in his account after 5 years if he saved $300 than if he saved $250?

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Q: A person buys a boat for $32,750. The boat loses value at a rate of 4.2% per year. What will the…

A: Given: The boat price is(Amount)=$32,750 Rate of interest(loses value)=4.2% To find: The value of…

Q: Simone invests $4,000 in an account that compounds interest quarterly and earns 3%. How many years…

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Q: Paul puts $300 in a savings account that earns 3% interest annually. How much interest will he earn…

A: Given Paul puts $300 in a savings account that earns 3% interest annually. To find how much interest…

Q: A car is worth $16,500 when it is three years old and $12,000 when it is six years old. Solve for…

A: to find:- Depreciated amount after each year.

Q: Ronnie deposited 80, 000n in a savings account that pays 4 1/2% simple interest and earned 10,800 in…

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Q: Hugo opened a savings account and deposited $1,000.00. The account earns 5% interest, compounded…

A: Hugo opened a savings account and deposited $1,000.00. The account earns 5% interest, compounded…

Q: Jean is x years old and her younger brother Jonathan is y years old. What will be the sum of their…

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Q: You invest £11400 in the bank and the interest rate is 11% per year. How much money do you have in…

A: The principal amount is 11,400. The interest rate is 11% per year and time is 1 year. The interest…

Q: 3. Jason started a lawn cutting business for the 10 weeks of summer. In his first week, he earned…

A: Given,           Jason started a lawn cutting business for the 10 weeks of summer. In his…

Q: You are saving for a dream vacation that will cost $5,000.  How many years will you have to wait…

A: We need to calculate the time taken for the amount to become 5000 $

Q: profit

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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: Coralee invests $5,000 in an account that compounds interest monthly and earns 7%. How long will it…

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Q: One Bitcoin cost $50000. In one day the value dropped by 10% How much is the Bitcoin currently worth

A: It is an important part of statistics. It is widely used.

Q: ance placed $5200 in an investment account with a 6.5% interest rate. After how many years will he…

A: We have,P=$5200R=6.5%Find in how many years P will be 2P

Q: The value of houses in Lancaster goes up by 99 each year. Cora owns a house in Lancaster that is…

A: Here Given  Price of house =$586283=P0 AVG Price Increase per year=9 %= R=0.09

Q: A lambo sells for $48,000 if the price deprecates at 18% rate per year , how old will it be before…

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Q: Your interest rate on a $1,500 savings account is 4%. How much simple interest will the account earn…

A: Given information P=$1,500 r=4% ⇒r=4100=0.04 t=2 years We have to find the simple interest will the…

Q: A new car worth $27,000 is depreciating in value by $3,000 per year. After how many years will the…

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Q: A person inherited $30,000 and invested the money in two accounts that earned 8.5% and 10% simple…

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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: Nina receive an inheritance of $12500 from her grandmother. She invested part of it at 5% interest,…

A: Nina receive an inheritance of $12500 from her grandmother. She invested part of it at 5% interest,…

Q: It cost P50,000 at the end of each year to maintain a section of Kennon road. If money is worth 10%,…

A: Given that,  The cost at the end of each year to maintain a section of Kennon road is P50,000 money…

Q: How much should you invest at 3.2% simple interest in order to earn $90 interest in 4 months?

A: The formula is I=Prt , Where I=interest earned, P=principal, r=rate of interest, t=time. Here, I=$90…

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: Ken wants a $1000 TV/sound system. He can't afford that amount so he uses his credit card with 20%…

A: First of all, consider the SI formula for the calculation of the interest monthly. Principal amount…

Q: Monthly, Juan’s net earning are $5000 and expenses are $4500. If Juan saves the difference, how much…

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

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Q: how long will it take money to double if it it invested at 6.5% compunded continously

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Q: Sam has $560 in his savings account. He earns 2.5% interest annually for 3 years. How much TOTAL…

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Q: Randy currently earns $2,500 per month working. Each year he will get a $125 per month raise. How…

A: This question is based on algebraic operation.

Q: Robin invested $1000 in a 12% simple interest savings deposit for 3 years. He also invested an equal…

A: Robin invested $1000 in a 12% simple interest deposit for 3 years. he also invested an equal amount…

Q: The cost of a car decreases by 10.2% every year. If the estimated resale value after 15 years is…

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Q: Invested at 6% interest, ₱10,000 today would be worth approximately ₱20,000.00 in ___ years.

A: Given information Principal P=$10,000 Interest I=$20,000 Interest rate r=6% We have to fin the time.…

Q: Ted just bought a new car for $ 25,000. Suppose the value of the car decreases by 14% each year.…

A: The exponential growth or decay is modelled using the equation, P(t)=P0(1±r)t , where r is the rate…

Q: A dealer sells a car for $7200 making a profit of 20% on the original cost. What is the price?

A: Selling price, S.P= $7200 Profit =20 %  Let the original cost price be, C.P = x

Q: Chloe has $90,000 in a savings account that earns 9% annually. The interest is not compounded. How…

A: Given,         Chloe has $90000 in a savings account that earns 9% annually, 4 months.

Q: Simone invests $4,000 in an account that compounds interest quarterly and earns 7%. How many years…

A:

Q: A new car worth $30,000 is depreciating in value by $3,000 per year. After how many years will the…

A:

Q: Eli opened a savings account with a one-time deposit of $400. The savings account pays a simple…

A:

Q: Sam has $560 in his savings account.  He earns 2.5% interest every 3 years.  How much total…

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Q: . How much money will the customer have in the account after 5 years?

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Q: Monthly Juans net earnings are 38 000 and expenses are $7,000. If Juan saves the ofference how much…

A: Monthly earnings = $8000 Monthly expenses = $7000 ∴ Monthly savings = $8000 - $7000 = $1000

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…

Q: Karen deposits $800 into an account that pays simple interest of a rate of 2% per year. How much…

A: Given information:Karen deposits $800 into an account that pays simple interest of a rate of 2% per…