Doing a quick calculation, I found that a sum of $10,000 in 1993 had the same buying power as $14,867 does in 2008. In other words, $10,000 has lost almost half its real value in the past 15 years. What is the correct loss in the value of the original $10,000?

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Q: profit

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A:

Q: During a prolonged recession, property values on Long Island depreciated by 10% every 6 months. If…

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A: Use the given information and the formula for annual deposit, A=(FV*i)[(1+i)n]-1

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A: We are given with the cost pais to credit card company each month and we are given with the total…

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Q: A bank loaned out $120000 part of it at the rate of 8% per year and the rest at rate of 12% per…

A: topic - percentage

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Q: On January 1, 2009, Kendra owed $16,887 to her friend Joseph, who was kind enough not to charge…

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A: Given info: School costs for this term is $7300 and the financial aid covered 80% of that amount.

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A:

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Q: Gilly Bates invested $45000 in a 6% annual interest account.  How many years, to the nearest…

A: See the answer below

Q: If your annual salary is $32,000, and you pay 30% in taxes, how much do you pay in taxes?

A:

Q: On January 1, 2009, Deandre owed $9,230 to his friend Mariah, who was kind enough not to charge…

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Q: Suppose your school costs for this term were $8900 and financial aid covered 75% of that amount. How…

A: It is given that financial aid covered 75% of the amount of 8900.

Q: During a prolonged recession, property values on Long Island depreciated by 10% every 6 months. If…

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A:

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Q: At age 24, Brandie decides to put $150 a month into an account that has a 6% APR until she retires…

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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…

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A: Solution

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Q: A house was valued at $125,000 in the year 1992. The value appreciated to $170,000 by the year 2000.

A: Consider the provided information, A house was valued at $125,000 in the year 1992. The value…

Q: A man wants to set up a 529 college savings account for his granddaughter. How much would he need to…

A: Giving the following information:   FV= $80,000 Number of years= 17 Interest rate= 8%

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.