A piece of equipment costs $75,000 new but depreciates 12% per year in each succeeding year . Find its value after 8 years

Answers

Answer 1

The equipment's value after 8 years, given its original value was $75,000 and it depreciates by 12% each year, is approximately $27,506.62.

To find the value of the equipment after 8 years, we need to calculate its value at the end of each year, taking into account the 12% depreciation per year.

At the end of year 1, the equipment will be worth 88% of its original value

Value at end of year 1 = 0.88 x $75,000 = $66,000

At the end of year 2, the equipment will be worth 88% of its value at the end of year 1

Value at end of year 2 = 0.88 x $66,000 = $58,080

We can continue this process for each year

Value at end of year 3 = 0.88 x $58,080 = $51,206.40

Value at end of year 4 = 0.88 x $51,206.40 = $45,065.91

Value at end of year 5 = 0.88 x $45,065.91 = $39,654.02

Value at end of year 6 = 0.88 x $39,654.02 = $34,991.23

Value at end of year 7 = 0.88 x $34,991.23 = $31,191.80

Value at end of year 8 = 0.88 x $31,191.80 = $27,506.62

Therefore, the value of the equipment after 8 years is $27,506.62.

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Related Questions

11. Chip has a fruit stand and sells oranges and
grapefruits. In one hour, he sold 30 pieces of fruit
for $7.50. He sold oranges for 20 cents and
grapefruits for 35 cents each. How many of each
kind did he sell?

Answers

He sold 20 oranges= $4, and sold 10 grapefruits= $3.50. Hope this helps!

Find the lowest common denominator (multiple). Type the equivalent fractions. Then, add or subtract. Simplify your answer. 1
2
1
3

Answers

Answer:what

Step-by-step explanation:what does this mean

what is the probability that a single randomly sampled observation have a value above the mean?

Answers

The probability of a single randomly sampled observation having a value above the mean is approximately 0.1587, assuming a normal distribution.

if the mean of the data is μ and the standard deviation is σ, then the probability of a single observation being above the mean is given by:

P(X > μ) = 1 - P(X ≤ μ)

where X is the random variable representing the data. To calculate this probability, we need to standardize the data by subtracting the mean from each observation and dividing by the standard deviation. This gives us a standard normal variable Z, which has a mean of 0 and a standard deviation of 1.

Then, we can look up the probability in a standard normal table or use a calculator or software to find the area under the standard normal curve to the right of Z = 0.

For example, suppose we have a dataset with a mean of 10 and a standard deviation of 2. If we standardize the data, then a value of 12 would correspond to a Z-score of:

Z = (12 - 10) / 2 = 1

The probability of a value being above the mean is then:

P(X > 10) = 1 - P(X ≤ 10) = 1 - P(Z ≤ 1) = 1 - 0.8413 = 0.1587

Therefore, the probability of a single randomly sampled observation having a value above the mean is approximately 0.1587, assuming a normal distribution.

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Can somebody help with this

Can somebody help with this

Answers

Answer:

B

Step-by-step explanation:

Domain is the x value and it is asking your for the coordinates with the same x value.

Besides being simple for its own sake, what other advantage do simple models usually have?
a) Higher accuracy
b) Greater complexity
c) Easier interpretation
d) More detailed predictions

Answers

The correct option is c) Easier interpretation. One of the main advantages of simple models is their ease of interpretation. Simple models tend to have fewer parameters and less complex mathematical equations, making it easier to understand and interpret how the model is making predictions.

This interpretability can be valuable in various domains, such as medicine, finance, or legal systems, where it is important to have transparent and understandable decision-making processes.

Complex models, on the other hand, often involve intricate relationships and numerous parameters, which can make it challenging to comprehend the underlying reasoning behind their predictions. While complex models can sometimes offer higher accuracy or make more detailed predictions, they often sacrifice interpretability in the process.

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PLEASE HELP I WILL MARK U BRAINLIEST!!!! Solve the equation using the zero-product property. Show your work
(2x + 2)(5x - 5) = 0

Answers

The answer to the equation is infinitely many solutions
2x+2=0
x=-1

5x-5=0
x=1

good luck

a bacteria culture grows with a constant relative growth rate. after 2 hours there are 600 bacteria and after 8 hours the count is 75,000. (a) find the initial population.

Answers

The initial population of the bacteria culture is 200 bacteria.

The initial population of the bacteria culture can be determined using the equation for exponential growth: P(t)=P0(1+rt), where P(t) is the population after time t, P0 is the initial population, and r is the relative growth rate.

In this case, after 2 hours, the population is 600 and after 8 hours the population is 75,000. Plugging in the values, we get P0 = 600/(1+2*r), or P0 = 600/3. Thus, the initial population of the bacteria culture is 600/3 = 200 bacteria.

Exponential growth is a function of time and rate of growth. It is often used to model population growth or decay, such as in this case. The equation for exponential growth states that the population at any time is equal to the initial population multiplied by the rate of growth at each unit of time.

In this case, the rate of growth (r) is constant over the time period, so the population can be determined by putting in the values for P(t) and P0 and solving for r. Then, using the same equation, the initial population (P0) can be determined.

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Give 3 examples of linear equation with two variable.
Show
and explain the computation and make a graph .
300 words

Answers

The two variables, x and y, represent the x- and y-coordinates on the graph, respectively. The graph visually represents the solution set of the equation, showing all possible points that satisfy the equation.

Here are three examples of linear equations with two variables, along with their computations and graphs:

1. Equation: 2x + 3y = 6
Computation: To find the values of y for different x values, we can choose arbitrary values of x and solve for y. For example, when x = 0, we have 2(0) + 3y = 6, which simplifies to 3y = 6, and y = 2. Similarly, when x = 2, we have 2(2) + 3y = 6, which simplifies to 4 + 3y = 6, and y = 2/3.
Graph: The graph will be a straight line passing through the points (0, 2) and (2, 2/3).

2. Equation: -4x + 2y = 8
Computation: Following a similar process, we can find the values of y for different x values. When x = 0, we have -4(0) + 2y = 8, which simplifies to 2y = 8, and y = 4. When x = -2, we have -4(-2) + 2y = 8, which simplifies to 8 + 2y = 8, and y = 0.
Graph: The graph will be a straight line passing through the points (0, 4) and (-2, 0).

3. Equation: x + y = 5
Computation: Similarly, we can find the values of y for different x values. When x = 0, we have 0 + y = 5, and y = 5. When x = 3, we have 3 + y = 5, and y = 2.
Graph: The graph will be a straight line passing through the points (0, 5) and (3, 2).

In each case, the computation involved solving for one variable in terms of the other and substituting different values to obtain corresponding values. The graph of each equation will be a straight line because the relationship between the variables is linear. The two variables, x and y, represent the x- and y-coordinates on the graph, . The graph visually represents the solution set of the equation, showing all possible points that satisfy the equation.

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To reduce a fraction, divide the numerator and denominator by the ? . Select one:

a. denominator
b. numerator
c. same number
d. smallest fraction

Answers

To reduce a fraction, you divide the numerator and denominator by the same number.

This number is the greatest common divisor (GCD) of the numerator and denominator. By dividing both the numerator and denominator by their GCD, you simplify the fraction to its simplest form. The GCD is the largest number that evenly divides both the numerator and denominator without leaving a remainder.

Dividing by the GCD ensures that the fraction is expressed in its lowest terms, where the numerator and denominator have no common factors other than 1. This process eliminates any common factors and reduces the fraction to its simplest representation.

Therefore, To reduce a fraction, you divide the numerator and denominator by the same number. Option c is correct.

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r(x) = 2√x s(x) = √x
(rs)(4) = ?

Answers

Answer:

8

Step-by-step explanation:

Answer:

8

Step-by-step explanation:

I got a 100 on edgenu

Please help me !!!!!!

Please help me !!!!!!

Answers

Answer:

2

Step-by-step explanation:

-2+4=2

pls help asap if you can!!!!!

pls help asap if you can!!!!!

Answers

Answer:

x = 24

Step-by-step explanation:

if a and b are parallel then

62 and 5x - 2 are same- side interior angles and sum to 180° , that is

5x - 2 + 62 = 180

5x + 60 = 180 ( subtract 60 from both sides )

5x = 120 ( divide both sides by 5 )

x = 24

thus for a to be parallel to b , then x = 24

What is the solution of the inequality
- 47 < -20

Answers

Answer:

True?

Step-by-step explanation:

There not really an equation here.

But that is correct.

-47 is less than -20

If you walk to school at a rate of 3 miles per hour, how long will it take you to walk 6 miles?

Answers

If u walk at a rate of 3mph It would take you 2 hours to walk 6 miles

At the ice skating competition, Vonda finished with a total of 44 points. Melinda finished with 0. 2 fewer points than Vonda, and Davina finished with 1. 68 fewer points than Melinda. How many points did Davina have? Help me!!!

Answers

The number of points Davina have in the ice skating competition is 33.52.

Define the term product of the number?

As the question stated,

Vonda scored a total of 44 points to finish.Melinda came in second place, 0. 2 points behind Vonda.Melinda finished ahead of Davina with 1. 68 fewer points.

Then,

Formulate based on the conditions stated: 44 - 1.68 - (44 x 0.2).

Determine the quotient or product: 44 - 1.68 - 8.8.

Determine the total or difference: 42.32 - 8.8

Determine the total or difference: 33.52.

The, the number of points Davina have is 33.52.

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What is the solution?
-4(3) - 3 = ?

Answers

-15


I hope it helps you :)

what is the quotient of 10/16 ÷ 5/16

Answers

Answer: 2

Step-by-step explanation:

Answer:

Step-by-step explanation:

The answer is 2.

(10/16)/(5/16)=2

10/5=2

16/16=1

2/1=2

Qué número sumado igual da 60 que no sea 20

Answers

Answer: 30

Step-by-step explanation:

HELPPPP!!!!!



A rare baseball card just sold for $12,000. Sports experts anticipate this baseball card to increase in value by 9%
each decade.

According to the experts, about how much should the baseball card be worth in 30 years?

Answers

15546.0 should be the answer

The baseball card be worth in 30 years is: $159212.14

We have the following information available from the question is:

A rare baseball card just sold for $12,000

This baseball card to increase in value by 9%

each decade.

The principal = $12,000

Rate of interest (r) =9%

Time period (t) = 30 years

The number of times per year the interest is compounded (n) = 1

We know the formula is:

\(=P(1+\frac{r}{n} )^n^t\)

Plug all the values, we get:

\(=12000(1+\frac{\frac{9}{100} }{1} )^3^0\)

Then, Evaluate the equation/expression:

=> $159212.14

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how long it will take for an investment of 1000 dollars to double in value if the interest rate is 7.5 percent per year, compounded continuously?

Answers

By using the  formula for compound interest, it can be calculated that

It took 0.0924 years to make $1000 to double in value if the interest rate is 7.5 percent per year, compounded continuously

What is compound interest?

If the principal on a certain rate over a certain period of time increases exponentially rather than linearly, the interest earned is called compound interest

If p is the principal, r is the rate and n is the time in year, then amount is calculated by the formula

\(A = p(1+\frac{r}{100})^n\)

The difference between amount and the principal gives the compound interest.

Let the time required be t years

Principal = $1000

Rate = 7.5%

Amount = $2000
\(A = pe^{rt}\\\\2000 = 1000e^{7.5t}\\\\\frac{2000}{1000} = e^{7.5t}\\\\e^{7.5t} = 2\\\\7.5 t = ln2\\\\7.5t = 0.693\\\\t = \frac{0.693}{7.5}\\\\t = 0.0924 \ years\)

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8) Imani spent half of her weekly allowance
playing mini-golf. To earn more money her
parents let her wash the car for $4. What is
her weekly allowance if she ended with
$12?

how would i solve this in a two step equation? pls and thanks

Answers

Answer:

See below.

Step-by-step explanation:

We can represent Imani's weekly allowance with the variable a. The equation you can write is:

1/2a+4=12

2(1/2a+4)=2(12)

a+8=24

a=16

The Imani's weekly allowance value is $16.

To solve this problem using a two-step equation,  follow these steps:

Step 1: Let's represent Imani's weekly allowance with the variable "x."

Step 2: We know that Imani spent half of her allowance playing mini-golf, so the amount she spent is (1/2) × x. Additionally, she earned $4 by washing the car. Therefore, the equation becomes:

x - (1/2) × x + 4 = 12

To solve this equation, we need to combine like terms and isolate the variable "x":

(1/2) ×x = 12 - 4

(1/2) × x = 8

Next multiply both sides of the equation by 2 to eliminate the fraction:

2 × ((1/2) × x) = 2 × 8

x = 16

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Evaluate function expression −2⋅f(−6)−7⋅g(−7)=

Answers

I hope this is the answer you’re looking for
Evaluate function expression 2f(6)7g(7)=

Answer:

11

Step-by-step explanation:

-2 • f(-6) -7 • g(-7) = ?

As per graph:

f(-6) = 5

g(-7) = -3

Calculation:

-2 • f(-6) -7 • g(-7) =

-2(5) - 7(-3) =

-10 + 21 =

11

(x+5)(x+1)+(x+5)(x+8)

Answers

Answer:

2x² + 19x + 45

Step-by-step explanation:

(x + 5)(x + 1) + (x + 5)(x + 8) ← expand both sets of factors using FOIL

= x² + 6x + 5 + x² + 13x + 40 ← collect like terms

= 2x² + 19x + 45

Please answer this by midnight I need it for Algebra 3 and I don't want to fail please

Please answer this by midnight I need it for Algebra 3 and I don't want to fail please

Answers

The length of the arc is about 1.758 cm.

First, we need to determine the size of the angle. If we have pi/5 radians, we can convert that to 36 degrees, because pi radians is 180 degrees. Now, we know the measure of the arc is 36 degrees. 36 degrees out of 360 degrees is 10%.

Our arc is 10% of the circumference of the circle.

The circumference is 2(pi)r or 2(3.14)2.8 = 17.58 cm

Now, multiply 17.58 by 0.1 to get a total of 1.758 cm.

hii please help quickly?

hii please help quickly?

Answers

Problem 1

x = duration in seconds

y = number of pages

The 1st printer has the equation y = x-30 where x > 30.

For example, if x = 31 seconds have elapsed, then y = x-30 = 31-30 = 1 page has been printed. It turns out that the x-intercept will tell us when that 1st page will be printed. The x-intercept for y = x-30 is 30, which means the 31st second is when the first page is printed.

Now let's find the equation for the 2nd printer. The three points on this line are:

(40,16)(60,32)(80,48)

Pick two of those points to determine the slope. I'll select the first two points.

m = (y2 - y1)/(x2 - x1)

m = (32-16)/(60-40)

m = 16/20

m = 0.8

Now use point-slope form to do the following steps:

y - y1 = m(x - x1)

y - 16 = 0.8(x - 40)

y - 16 = 0.8x - 32

y = 0.8x - 32 + 16

y = 0.8x - 16

If you were to plug in y = 0 and solve for x, then,

y = 0.8x - 16

0 = 0.8x - 16

16 = 0.8x

0.8x = 16

x = 16/0.8

x = 20

The warm-up time for the 2nd printer is 20 seconds, which is less than the warm-up time for the 1st printer (30 seconds).

Answer: The first printer.

========================================================

Problem 2

Plug x = 100 into the 1st equation

y = x-30

y = 100-30

y = 70

The 1st printer can print out 70 pages in 100 seconds.

Repeat for the 2nd equation.

y = 0.8x-16

y = 0.8*100-16

y = 80-16

y = 64

The 2nd printer can print 64 pages in 100 seconds.

So even though the 1st printer needs a longer warm-up time, its rate or speed is faster than the 2nd printer to be able to print more pages.

Answer:  The first printer.

What is the coefficent of the r-term in -8r+24s-9r-7

Answers

The coefficient of the r-term in -8r+24s-9r-7 is -8 - 9 = -17.

In the given expression -8r+24s-9r-7, the term with the variable r is -8r and the coefficient of the r-term is -8.

A coefficient is a numerical factor that multiplies a variable or variables in a term. In this case, -8 is the coefficient of the term -8r.

The coefficient of a term with a variable indicates how many times the variable appears in that term, multiplied by the sign of the coefficient.

For example, the term -8r means -8 times r, so the coefficient is -8. It is important to identify coefficients when simplifying expressions, solving equations, or manipulating algebraic expressions.

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Find the Surface area of the trapezoid
please help
show work

Find the Surface area of the trapezoidplease helpshow work

Answers

Answer:

259.5

Step-by-step explanation:

8.1*12=97.2
Area of trapiezium = 1/2(b+a)h
(2.8+8.1)=10.9
10.9*3/2=16.35
16.35*2=32.7
2.8*12=33.6
33.6+32.7+97.2=163.5
4*12*2=96
163.5+96=259.5

What is the volume of a cylinder that has the same base area and the same height?

What is the volume of a cylinder that has the same base area and the same height?

Answers

Answer:

108 cubic units

Step-by-step explanation:

Volume of cone = 36\(\pi\) cubic units

⇒ 1/3 π r² h = 36 π

⇒ πr²h = 36π × 3

⇒ πr²h = 108 π

The cylinder has the same base area and the same height as the cone.

Volume of cylinder = πr²h

= 108 π cubic units

Volume of cylinder = 108 cubic units

108 cubic units is the correct answer

2/-3 divided by -1 2/7 =
pls explain the answer

Answers

Answer:

\(\frac{14}{27}\)

Step-by-step explanation:

\(-1\frac{2}{7} = -\frac{9}{7}\)  Plug -9/7 in: \(-\frac{2}{3}\) ÷ \(-\frac{9}{7}\)  -2/3 ÷ -9/7 = 2/3 ÷ 9/7 = 2/3 × 7/9\(\frac{2}{3}\) × \(\frac{7}{9} = \frac{14}{27}\)  

I hope this helps!

♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️

\( \frac{2}{ - 3} \div (- 1 \frac{2}{7}) = \\ \)

\( - \frac{2}{3} \div ( - \frac{ 7}{7} - \frac{2}{7} ) = \\ \)

\( - \frac{2}{3} \div ( \frac{ - 7 - 2}{7} ) = \\ \)

\( - \frac{2}{3} \div ( - \frac{9}{7} ) = \\ \)

Negatives simplifies

\( \frac{2}{3} \div \frac{9}{7} = \\ \)

\( \frac{2}{3} \times \frac{7}{9} = \\ \)

\( \frac{14}{27} \\ \)

Done...

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The area of a rectangular fence is 500 square feet. If the width of the
fence is 20 feet, then find its length.

Answers

Answer

Here the area and the width of the rectangular fence are given. We have to find length of the fence.

( diagram )

The area A of a rectangle is given by the formula A=lw where l is the length and w is the width.

Given that area is 500 square feet and width is 20 feet.

Substituting values in formula,

⇒500=l×20

⇒20/500

= 20/1×20

    [ Dividing both sides by 20 ]

⇒l=25  feet

∴ length of rectangular fence is 25 feet.

Hence, the answer is 25.

The area of a rectangular fence is 500 square feet. If the width of thefence is 20 feet, then find its
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