A vehicle purchased for $27,500 depreciates at a constant rate of 8%. Determine the approximate value of the vehicle 11 years after purchase. Round to the nearest whole dollar.

$10,990

Step-by-step explanation:

We can use the simple interest rate formula for this problem: A = P(1 - r)^t

All we need to do is plug in the known variables:

A = 27500(1 - 0.08)^11

You can calculate your answer using a calc and you should get $10,990 as your answer!

10990

Step-by-step explanation:

We use the exponential equation

y = ab^x

where a is the inital value , b is the decay rate and x is the years

b = 1 - the depreciation rate

y = 27500 ( 1-.08)^ 11

  27500 ( .92) ^11

   10990.02789

To the nearest whole dollar

10990

a) 32pie square meters

step-by-step explanation:

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

step-by-step explanation:

formula

x = x1 + p/w(x2 - x1)

let the line segment ab with a(x1,y1) and b(x2,y2)

a point(x,y) divide ab in the ratio, 2: 3 the x coordinate can be written as

x = x1 + p/w(x2 - x1)

here p=2 and w = 2+3

therefore,

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

similarly y coordinate y = y1 + 2/5(y2 - y1)