A person buys a boat for $32,750. The boat loses value at a rate of 4.2% per year. What will the value of the boat be in 13 years?

Q: Sam bought a car for $23,425.  The car depreciates at a rate of 10.375% per year.  What is the value…

A: Given: Sam bought a car for $23,425.  The car depreciates at a rate of 10.375% per year.  To  Find:…

Q: A store pays $45 for a jacket and then sells it to a customer for $85.50. What is the percent of…

A:

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: 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 new car is purchased for 22300 dollars. The value of the car depreciates at 10.25% per year. What…

A: Value of the car after 6 years

Q: 7700 dollars is placed in an account with an annual interest rate of 5.75%. How much will be in the…

A: I have Provided this answer in step-2.

Q: A company's stock was selling at $25 a share. A month later, it was selling at $30 a share. What is…

A:

Q: Brittany invested $2,890 for 232 days at a simple interest rate of 2.50% p.a. How much more or less…

A: Solved below

Q: You have $10,000 to deposit in a savings account that earns simple interest at a rate of 4.5% per…

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

A:

Q: A car is purchased for $27,000 After each year, the resale value decreases by 20%  What will the…

A:

Q: profit

A:

Q: Suppose you spend $12 a week on snacks. If you donate half that amount to a charity, how much will…

A: Given that, you spend $12 a week on snacks.

Q: During a prolonged recession, property values on Long Island depreciated by 8% every six months. If…

A: Consider the formula for future value: F=P1-rnnt Where, F = Future value P= Present value n= Number…

Q: A new car is purchased for 20700 dollars. The value of the car depreciates at 11% per year. What…

A:

Q: A job pays $32,000 for the first year with an annual increase of 6% per year beginning in the second…

A: A job pays $32,000 for the first year with an annual increase of 6% per year beginning in the second…

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

A:

Q: alue of your investment in the winning team of the National Softball League increased to $1,800 from…

A:

Q: Mr. Reyes borrowed P125,000 at 5% rate of interest for 4 years. What percent greater is the amount…

A: Solution

Q: Alex invests 2,000 in a company stock. After a year, the value of Alex's stock has increased to…

A:

Q: A new car is purchased for 20000 dollars. The value of the car depreciates at 12.5% per year. What…

A:

Q: An investment pays simple interest, and doubles in 13 years. What is the interest rate? Answer =

A: Formula for simple interest is :  I = P×R×T where ,   P = Principal  Amount  R = Annual rate of…

Q: Isabella purchased $20,000 worth of 13-week T-Bills for $19,525. What will be the rate of return on…

A:

Q: A new car is purchased for 1900o dollars. The value of the car depreciates at 11.25% per year. What…

A:

Q: 6700 dollars is placed in an account with an annual interest rate of 8%. How much will be in the…

A: Principal P=6700Rate R=8%Time T=24 yearsInterest after 24 yearsI=PxRxTI=670x8x24100I=12864

Q: Evelyn pays $10,000 for shares in a new company. She sells the shares 10 years later for $15,000.…

A: Given data: Cost of the investment= $10000 Current value of the investment=$15000 Time=10 years…

Q: How much should you invest at 4% simple interest in order to earn $65 interest in 19 months?

A: Given: r=4%=0.04 I=65 t=19 months=19/12=1.5833 years To find P=?

Q: You purchase a new car for $19,500. If you borrow $19,500 for 5 years with an interest rate of 5%…

A: Given P=$19500 r=5%=0.05 t=5 years

Q: A new car is purchased for 16200 dollars. The value of the car depreciates at 14.25% per year. What…

A:

Q: a.) How long will it take for P800 to earn P240, if it is invested at 6.5% simple interest?

A:

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

A:

Q: 2. Simone bought her house for $150,000 in 2000 and sold it for $725,000 in 2020. What are the total…

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

A:

Q: d. Suppose the company wanted to give raises to the employees who were in the lowest 20% salaries at…

A: Z = x-μσ~N(0,1) NORMSINV() -----------Excel function

Q: A car was valued at $34,000 in the year 2009. By 2013, the car value had depreciated to $12,000. If…

A:

Q: You decide to invest $900 into an account where interest compounds annually. If the interest rate is…

A: At interest rate 5%, Money in the account after 2 years is $992.25.

Q: A new car is purchased for 15500 dollars. The value of the car depreciates at 7.5% per year. What…

A:

Q: An investment pays simple interest, and triples in 9 years. What is the interest rate? Answer =…

A: Simple Interest formula , A=P(1+rt) where A= final amount,                                P =…

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

A: Here, P = 1000, r = 0.20 and t = 4. The interest for each month can be calculated as That means, he…

Q: Mr. X intends to earn P150,000 in interest each year. How much needs he invests for a year at an…

A: Since you have asked multiple questions in a single request, we would be answering only the first…

Q: A company's stock was selling at $15 a share. A month later, it was selling at $27 a share. What is…

A:

Q: A car is purchased for $16,500. After each year, the resale value decreases by 20%. What will the…

A: The principle amount is 16500, the rate of interest is -20% per annum and the number of years is 4.…

Q: You bought a house for $75,000. You were told that it will increase in value by 2% a year. How much…

A: Given that, You bought a house for $75,000. You were told that it will increase in value by 2% a…

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

A:

Q: Delta has decided to start a side business as a photographer. She purchases a camera for $1600 but…

A:

Q: 3.) Jose's' car depreciates at a rate of 12% per year. He bought his car three years ago for…

A: Given, Jose's car depreciates at a rate of 12% per year. He brought his car three years ago for…

Q: nd the savings plan balance after 3 years with an APR of 4% and monthly deposits of $400

A: Given that: Monthly deposit = $400 Time = 3 years APR = 4% To determine the balance after 3 years.

Q: A car is purchased for $31,000 . Each year it loses 30% of its value. After how many years will the…

A: Let the depreciated amount be represented by D(t). then according to the given condition.

Q: A pair of jeans that costs $100 goes on sale and is discounted $40. What is the discount rate d (in…

A: Original price= $100 Discount amount= $40. We have to find the percentage of $40 in $100.

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products. 

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.