Which equation represents the scenario? Michelle's new car cost $30,000, and its value will depreciate by 12.5% annually. (5pts)

Q: Q12 You invested $9,000 in to a mutual fund with a management fee of 0.85% of the total asset…

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Q: Margo borrows $1900, agreeing to pay it back with 5% annual interest after 15 months. How much…

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Q: An item is regularly priced at $40. Linda bought it on sale for 25% off the regular price. How much…

A: Given, The regular price of an item = $ 40 Sale on item = 25 %  off on the regular price We have to…

Q: At the start of a year, MLS company's stock initially sold for $40 per share . At the start of the…

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Q: George contemplates the purchase of100 shares of a stock selling for $15 per share. The stock paysno…

A: From given, P=$15100=$1500r=15%=0.15t=5n=1

Q: Gerald invested 150,000 at 35% for 2 1/2 years. a. How much interest will he earn? Prove your…

A: We will use the formula SI = PRT100 Here P = 150000R = 35T = 52

Q: The cost of a box of granola bars is $2.49 in 2001. How much would you pay for the granola bars in 4…

A: In 2001, cost of a box of granola bars is $2.49 and it is expected that average increase in consumer…

Q: Maria Invests $600 in a bank account that earns simple interest. She earns $30 at the end of 12…

A: Given the query is to the interest rate and with the help of that find the interest amount for…

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

A: We know that rate of return is just a way of expressing profit percentage and profit percentage is…

Q: 3 movie tickets cost $36. At this rate, what is the cost per ticket?

A: GIVEN DATA : 3 movie tickets costs of $36       TO FIND : Cost of each ticket. From the given data…

Q: The formula A=p(1+r), where p-principal (amount you started with) and r= interest rate as a decimal,…

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Q: X contracted to do personally certain engineering work for Y for the sum of $2,000. When the job was…

A: Given the price of complete job is $2000, X completed 25% of total work and fell seriously ill. To…

Q: Roslyn plans to use her savings to pay for a holiday. The holiday will cost $6000.  What minimum…

A: Sol

Q: Hong wants to attend a college that will cost $14,000 for the first year. His uncle gave him a…

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Q: Coral invested $500 in an account that earns simple interest at the rate of 5.5% each year. Assuming…

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Q: Amber invests $1600 in one account and $1300 in an account paying 4 % higher interest. At the end of…

A: Investment 1 is $1600 Investment 2 is $1300 Rate of interest of second investment is 4% higher than…

Q: Jaden wants $25,000 in 5 years.  He can invest in a fund that earns 6% and compounds quarterly.  How…

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

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Q: d. How much interest will they have paid? e. How many of the monthly payments go towards the…

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Q: 13. Joe has a test average of 87 in mathematics. If his test average makes up 70 percent of his…

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Q: for a sum of $8000 to double in 12 years and 9 months, what must be the rate of interest compounded…

A: The solution is given in the next step.

Q: Cassandra72 has $260,000 and her investment goal is to have it accumulate to $287,000 in 30 months.…

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Q: Find the annual rate of simple interest if R190 amounts to R240.25 after 18 months.

A: the annual rate is 16.95 %

Q: Maria invests $600​ in a bank account that earns simple interest. She earns $30​ at the end of 12​…

A: Identify the values of the principal amount (P), period (n) and the simple interest amount (I) from…

Q: jessica invests a principal of 4000$ at 6.5% simple interest. what is the rate of return?

A: The rate of return is 6.5%

Q: Ken wants a $1,000 TV/sound system. He can't afford that amount, so he uses a credit card with 20%…

A: Consider the given information: Cost of TV is $1000. As interest is paid every month this problem…

Q: Jeffrey deposited $25,000 into a savings account that compounds interest quarterly. After 5 years,…

A: Given query is to find the interest rate. Diposit amount $25000

Q: Grayson deposited $4,500 into a new account. • - The account earned annual simple interest. • - No…

A: Please see the answer in Step 2

Q: Jeanelle has P5,000.00 in a bank which is below her required maintaining balance. As a penalty, her…

A: Here we have a formula A=P1+Rnnt where A is the amount  P is the principal R is the rate of interest…

Q: Valencia bought a car for $ 2 , 50 , 000 .next year its price decreased by 10% and further next year…

A: The cost price of the car = $ 250000 First year decrease in price = 10% Second year decrease in…

Q: A) After his annual review, Miguel's salary was increased from $32,000 per year to $35,000. What…

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Q: At the start of a year, MLS company's stock initially sold for $40 per share. At the end of the…

A: Given at the start of a year, MLS company's stock initially sold for $40 per share.

Q: 2. Interest: A woman invested part of $20, 000 at 6% interest and the rest at 7%. If her annual…

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Q: Heather invests $800 in one account and $2000 in an account paying 2 % higher interest. At the end…

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Q: You bought a new truck for $46,000. The truck depreciates at the rate of 7.8% per year. Total 4 What…

A: Depreciation on anything over a period is defined by the deduction made on it over the years by the…

Q: Mark walks to school. He leaves each morning at 7:52  A.M and arrives at school twenty minutes…

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Q: Camille invested $3,000 into an account that earned annual simple interest. She made no additional…

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Q: You have $500 in the bank, and you spend $2.75 on a New York Subway ride. Billionaire and former New…

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Q: A(t) = 3500e 04: what percent will the worth of the account increase per year? Round to the nearest…

A: Initial amount = $3500 After t years the worth is: A(t) = 3500 . e^(0.4t) After one year, when t =…

Q: B The value of a car is depreciating at a rate of 5% per year. In 2010, the car was worth $32,000.…

A: A=P(1-r)t

Q: Jonathan invested $1800 in a simple interest for 10 years. In the end, he received a final balance…

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Q: A new computer system costing $25,000 will reduce labor costs by $7000/year for 5 years. (a) Is it a…

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Q: Jeff invested $40,000 in a business whereas his partner Kris invested $90,000. How much more (in…

A: Given,             Jeff investment = $40000            It's partner investment = $ 90000…

Q: At what interest rate will P120,000 earn P37,800 interest after 3 ½ years? A 9 % B) 8% 10% D) 7%

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

A: According to the given information:Amount invested by Alex in company’s stock = $2000After a year,…

Q: find the rate of interest

A: In this question, we find the rate of interest for the given loan and interest for 238 days. Here we…

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

A: Initial value of stock $2000 After a year value of stock $2500 To find return value

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

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Q: The population of the Philippines doubled in the last 30 years from 1967 to 1997. Assuming the rate…

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Rate of Change

The relation between two quantities which displays how much greater one quantity is than another is called ratio.

Slope

The change in the vertical distances is known as the rise and the change in the horizontal distances is known as the run. So, the rise divided by run is nothing but a slope value. It is calculated with simple algebraic equations as: