isaiahhollis042 isaiahhollis042
  • 11-09-2018
  • Mathematics
contestada

A boat costs 16,000 and decreases in value by 14% per year. How much will the boat be worth after 11 years?

Respuesta :

smmwaite
smmwaite smmwaite
  • 11-09-2018

Answer

    = 3,045.10

Explanation

A = P(1 - 14/100)ⁿ

A = 16,000(1-0.14)¹¹

    = 16,000 × 0.86¹¹

    = 16,000 × 0.190319

    = 3,045.109725

Answer Link

Otras preguntas

How much would the freezing point of water decrease if 4 mol of NaCl were added to 1 kg of water (kf=1.86 degrees C/(mol/kg) for water and i=2 for NaCl A- 7.44
What is 131 rounded by the nearest tenth?
is Fatima a static or dynamic character in the alchemist.plz explain to get most brainless
X^2 +x-6=0 How to solve this ?
If it takes 6 men 4 days to dig a hole 3 metres deep, how long will it take10 men to dig a hole 7 metres deep?​
Marie factored 11x^3y^5 as (8x^3)(3y^5). Stanley factored 11x^3y^5 as (11xy)(x^2y^4). Which of them factored 11x^3y^5 correctly?
What was the most significant result of the Spanish colonization of Central and South America?Spain became rich by stealing the wealth of the American colonies.
a body covers a semicircle of radius 7cm in 5s .find its linear speed
Temperature is defined as a. the equivalent of heat. b. a measure of the average kinetic energy of the individual atoms or molecules composing a substance. c. h
X^2 +x-6=0 How to solve this ?