The salvage value S (in dollars) of a company limosine after t years is estimated to be given by the formula below. Use the formula to answer the questions. S(t) = 800,000(0.9) ..... What is the rate of depreciation (in dollars per year) after 1 year? per year (Do not round until the final answer. Then round to the nearest cent as needed.)

Q: A boat is worth $7,000 when it is 5 years old and $2,000 when it is 10 years old. What is the rate…

A: Here the boat worth at 5 year is = $7000                 boat worth at 10 year is = $2000 So the…

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Q: For Exercise, suppose that P dollars in principal is invested for t years at the given interest…

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Q: Use the compound interest formula A = P(1 +r)t and the given information to solve for r. A = $2300,…

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Q: The salvage value S (in dollars) of a company jet after t years is estimated to be given by the…

A: Solution Given That, The salvage value S (in dollars) of a company jet after t years is estimated to…

Q: Determine the balance for $50000 invested at 3% for 15 years compounded 4 times per year. (Use this…

A: Given data,  Invested amount (P) = $50,000 Interest rate (r) = 3% = 0.03 Period(t) = 15 years…

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Q: The salvage value S (in dollars) of a company limosine after t years is estimated to be given by the…

A: We have to find rate of depreciation.

Q: The simple interest on a $3,000 loan at 6% per year amounted to $1080. At what time t did the loan…

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Q: Eros industries brought a laser for a printer for $3400.it is expected to depreciate at a rate of…

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Q: t = 12.542 In х> 1000 X - 1000

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Q: I = Prt (Interest = Principal *rate *time)  Solve for P

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Q: T= 0,025 If you invest $10,400 in the United States, and the interest is compounded monthly, when,…

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A: Given  dAdt=0.02AA(0)=4,000

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Q: The annual inflation rate is 3.7% per year. If a movie ticket costs $11.00 today, find a formula for…

A: Given, Annual inflammation rate per year = 3.7%  And, price of movie ticket today= $11.00

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Q: The salvage value S (in dollars) of a company jet after t years is estimated to be given by the…

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Q: Compute the specified quantity. The simple interest on a $3,000 loan at 2% per year amounted to…

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Q: What is the actual rate of interest if RO 4000 deposited for 3 years attracts interest of RO 1440?…

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