A new car is purchased for $25,000 $25,000 and over time its value depreciates by one half every 5 years. How long, to the nearest tenth of a year, would it take for the value of the car to be $5,000 $5,000?

Answers

Answer 1

It would take approximately 2.3 years (to the nearest tenth of a year) for the value of the car to depreciate to $5,000.

Here,

To find how long it takes for the value of the car to depreciate to $5,000, we can set up an exponential decay model for the value of the car over time.

Let V(t) be the value of the car at time t years.

We know that the car depreciates by one half every 5 years, which means the depreciation rate (r) per year is 50% or 0.5.

Therefore, the exponential decay model is:

[tex]V(t) = V(0) * (1 - r)^t[/tex]

where V(0) is the initial value of the car ($25,000) and r is the depreciation rate per year (0.5).

We want to find the time t when the value of the car is $5,000.

So, we set up the equation:

[tex]$$5,000 = $25,000 * (1 - 0.5)^t[/tex]

Now, let's solve for t:

[tex](1 - 0.5)^t = 5,000 / 25,000\\(0.5)^t = 0.2[/tex]

Taking the logarithm (base 0.5) of both sides:

t * log(0.5) = log(0.2)

t = log(0.2) / log(0.5)

t ≈ 2.3219

So, it would take approximately 2.3 years (to the nearest tenth of a year) for the value of the car to depreciate to $5,000.

To learn more on Property of Logarithm click:

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Related Questions

BRAINLIEST!!!!!!!! On your own… (12 points) a. Create your own “real-world” algebraic equation using two variables. Also write the word problem that creates your equation. b. Express the equation in standard form and slope-intercept form. c. Graph the equation. d. Write a paragraph of at least 3 sentences explaining your word problem and how you developed the equation to represent your real world situation.

Answers

Hello, I Am BrotherEye

Answer:

1. Choose one of these equations: (20 points) 10x + 12y = 10,500 4x + 6y = 2,340 10x + 6y = 150 a. Write your own word problem that could match one of the equations above. Abby makes $150 a day at her new job as an assistant for a fashion designer in New York. She earns $10 an hour plus $6 for every dress she trailers. How many hours does she have to work and how many dresses does she have to tailor to earn $150? b. Rewrite the equation in slope-intercept form. y= -(5)/(3)x + 25 c. Graph the Equation

Step-by-step explanation:

Answer:

a.) Someone needs to make 4 cookies per person in their class, and 6 muffins per person in their class. In total, they made 210 baked goods. How many people are in their class?

b.) standard form: 4y+6y=210 / slope-intercept form: y= 21

c.) the graph is the image added below.

d.) I made up a simple word problem off the top of my head. I converted it into a real world situation because I got inspiration from the topic of a bake sale. I wanted to make it simple, so I couldn't have the person bake stuff for a bake sale, since 210 is too little of a number for the whole school, so I shortened it to just the person’s class

Mrs. Franklin took her five children to an amusement park. The cost of tickets for the 2 younger children was $12.50 each. The cost of her ticket was $15.00. She spent a total of $80.50. What was the cost of each ticket for her three older children?

Answers

Answer:

$13.50

Step-by-step explanation:

The total amount spent $80.50 would be equal to the sum of the price of the ticket bought by the 6 individuals

total cost of the tickets for the  2 younger children = $12.50 x 2 = $25

let the price of each ticket for the three older children be represented by x. the total price of the 3 tickets would be 3x

$80.50 = $25 + 3x + 15

Collect like terms and solve for x

$40.50 = 3x

x = $13.50

Geometry test, you only have to put the correct letter don’t worry about typing out the whole answer

Answers

I think the answer is A but not 100% sure

_______inches = 9.75 feet​

Answers

Answer:117 feet

Step-by-step explanation:

There are 12 inches in 1 foot

Multiply 12 x 9 which equals 108

Since you have a decimal, you take 75% of 12 which is 9, and add that to your inches

108 + 9 = 117

Please help.
Algebra.

Answers

Answer:

1) a 2) b

Step-by-step explanation:

Mika buts a fishing rod and a hat. The total bill is $140.00. The rod is 9 times the cost of the hat. How much does each item cost?

Answers

Answer:1260

Step-by-step explanation:

140 x 9

(1,4) and (2,6) in slope-intercept form

Answers

Answer:

Slope is 2

Step-by-step explanation:

Answer:

The answer is y=2x+0 or y=2x

Step-by-step explanation:

Kieran mother gets a restaurant bill for $25 he has a coupon for 15% of the acid Discount Supply she had 20% as tip what is the total after the discount and tipis how show your reasoning ​

Answers

Answer:

$8.75

Step-by-step explanation:

Given data

Bill= $25

Coupon Discount=15%

Tip= 20%

Let us first find 15% of the $25

=15/100*25

=0.15*25

=$3.75

Let us first find 20% of the $25

=20/100*25

=0.20*25

=$5

Hence the coupon and the tip combined is

=3.75+5

=$8.75

What is the area, in square meters, of the trapezoid.
10.4 m
5.8 m
6.4 m

Answers

Answer:

48.72.

Step-by-step explanation:

good luck

Find the volume of the figure below.

Answers

Answer:

Step-by-step explanation: total volume = volume of cuboid +volume of traingular prism

(4×12×14)+√3/4×4²×12=755.138438763

D.is your answer

What is the value of c in the equation below? 2 Superscript negative 4 Baseline times 2 squared = a Superscript b Baseline = c Negative 4 Negative 2 Start Fraction 1 Over 64 End Fraction One-fourth

Answers

Question:

What is the value of c in the equation below?

[tex]2^{-4}*2^2 = a^b = c[/tex]

A. -4     B. -2     C. 1/64     D. 1/4

Answer:

[tex]c = \frac{1}{4}[/tex]

Step-by-step explanation:

Given

[tex]2^{-4}*2^2 = a^b = c[/tex]

Required

Find c

The equation can be rewritten as:

[tex]c = 2^{-4}*2^2[/tex]

[tex]c = a^b[/tex]

Solving: [tex]c = 2^{-4}*2^2[/tex]

Apply law of indices

[tex]c = 2^{-4+2}[/tex]

[tex]c = 2^{-2}[/tex]

Apply law of indices

[tex]c = \frac{1}{2^2}[/tex]

[tex]c = \frac{1}{4}[/tex]

Step-by-step explanation:

Answer:

1/4

Sergio has ppp paintings in his art collection. He and other local painting collectors agreed to donate a total of 484848 paintings to the local museum. Each of the 121212 collectors will donate the same number of paintings.

Answers

Answer:

Total paintings Sergio have in his art collection after his donation = p - 4

Step-by-step explanation:

P.S - The exact question is -

Given -Sergio has p paintings in his art collection. He and other local painting collectors agreed to donate a total of 48 paintings to the local museum. Each of the 12 collectors will donate the same number of paintings.

To find - How many paintings will Sergio have in his art collection after his donation ?

Proof -

Given that,

Total collectors = 12

Total painting that has to denote = 48

⇒12 collectors donate paintings = 48

⇒1 collector donate painting = [tex]\frac{48}{12}[/tex] = 4 paintings

∴ we get

Each collector donate paintings = 4

⇒Sergio donate total paintings = 4

Now,

Total pictures Sergio have = p

After donating,

Total left paintings = p - 4

∴ we get

Total paintings Sergio have in his art collection after his donation = p - 4

56+(−56)=

−240+370=

−5.7+(−4.2)=

Answers

Answer:

Step-by-step explanation:

1st one is 0

2nd is 130

3rd is 9.9

84858674636328848585

I Need Your Help Y'all,​

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1. X=3
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You need 3 sticks of butter for every 24 cookies you bake.
Complete the table using equivalent ratios.
3. 24
16
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Answers

Step-by-step explanation:

3 sticks of butter make 24 cookies

which means we multiplied 3 by 8

then we devide 16 cookies by 8 which is 2 (as you did)

therefore 5 multiplied by 8 equals 40

Find the distance between (-2,5) and (4,3).

Answers

Answer:

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Step-by-step explanation:

you can add me and i will answer the next problem

Which statement best describes the expression 3 + 2 + y? (1 point) a The quotient of y and the sum of 3 and 2 b The quotient of the sum of 3 and 2 and y с The sum of 3 and the quotient of 2 and y d The sum of 3 and the quotient of y and 2​

Answers

Answer:

с. The sum of 3 and the quotient of 2 and y

Step-by-step explanation:

Given that: 3 + 2 ÷ y

It would be observed that operation addition comes before division, but with respect to BODMAS; division (D) comes before addition (A).

Thus,

3 + 2  ÷ y = 3 + [tex]\frac{2}{y}[/tex]

and [tex]\frac{2}{y}[/tex] is the quotient of 2 and y

Therefore, the appropriate statement that would describe the expression is; the sum of 3 and the quotient of 2 and y. This is option C in the given question.

Simplify
1+tan^2 x / tan^2 x
a) sin^2 x
b) csc^2 x
c) sec^2 x
d) cos^2 x

Answers

Answer:

cosec²x is the answer

Step-by-step explanation:

[tex]\frac{1+tan^2x}{tan^2x} \\\\\frac{sec^2x}{tan^2x} \\\\\frac{\frac{1}{cos^2x} }{\frac{sin^2x}{cos^2x} }\\\\\frac{1}{sin^2x}\\\\cosec^2x[/tex]

Someone please help me with this ASAP! I will mark brainliest if right! Explain

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Answer:

5.4

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please mark Brainliest

What is the circumference of a circle with a radius of 7 centimeters? Use 3.14 for S.

Answers

Answer:43.98cm

Step-by-step explanation:

Pls help me if your great at math I’ll mark brainliest <3 (if correct)

Answers

Answer:

I believe it's B

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What type of property is this?
8x(d+5)
Distributive
Commutative
Associative

Answers

Answer:

distributive

Step-by-step explanation:

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Mr. James accepted a new job with a starting annual salary of $32,500. He will receive an annual raise of $1,500 beginning his second year. How much money will Mr. James earn from
his salary for the first four years?

Answers

Answer:

He will earn $139,000 after 4 years

Step-by-step explanation:

32,500+34,000+35,500+37000= $139,000

The simplified fractional representation of
0.353535... is ____/_____?

Answers

Answer:

Step-by-step explanation:

0.3535... = 35/99

answer both and i will give brianlist

Answers

Answer:

1. Perpendicular

2. y=5x+7

Step-by-step explanation:

brainliest please?

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Answer:

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Step-by-step explanation:

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Find the missing side length to the nearest tenth of a millimeter. Enter your answer in the box.

About ___ mm

Answers

Answer:

missing side = 4.7 mm

Step-by-step explanation:

using the Pythagorean theorem:

7² - 5.2² = x²

49 -27.04 = x²

x² = 21.96

x = 4.69

Find the area of a parellelogram with base 32 cm and height 16.5cm

Answers

Answer:

A = 528

Step-by-step explanation:

Formula of the area of a parallelogram: A = b*h

A = 32 * 16.5

= 528

Answer: Area of Parellelogram = bxh

Base= 32cm

Height= 16.5cm

So,

Area of Parellelogram = 32cm x 16.5cm

= 528cm square

Step-by-step explanation:

Tim's family traveled 3 10 of the distance to his aunt's house on Saturday. They traveled 3 7 of the remaining distance on Sunday. What fraction of the total distance to his aunt's house was traveled on Sunday?

Answers

Answer: 3/10

Step-by-step explanation:

From the question, we are informed that Tim's family traveled 3/10 of the distance to his aunt's house on Saturday. Then, the remaining distance will be:

= 1 - 3/10

= 7/10

Since they traveled 3/7 of the remaining distance on Sunday, the fraction of the total distance to his aunt's house that was travelled on Sunday will be:

= 3/7 × 7/10

= 3/10

How far will you go if you travel 3400 km/hr for 5 hours?

Answers

Answer:

You will go 3,400 kilometers

Step-by-step explanation:

Plz mark as brainliest if this helped! Have a nice day!!!

-Lil_G

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