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23 September, 16:39

Suppose you buy a car with a value of $10,750. Each year, the value of your car will depreciate by 5.9%. How much will your car be worth in 10 years?

A. $19,070.76

B. $6,504.50

C. $7,074.39

D. $5,852.01

The population of a town is 17,724 people. Each year, the population increases by 2%. What will the town's population be in 19 years? Round your answer to the nearest whole number.

A. 25,821

B. 566,246

C. 12,074

D. 50, 274

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Answers (1)
  1. 23 September, 16:46
    0
    I will get you started.

    Car Problem:

    10,750 (0.059) = 634.25

    Year 1:

    10,750 - 634.25 = 10,115.75

    The price of the car after year one at 0.059 is $10,115.75.

    Continue the same pattern for the remaining 9 years.

    Population Problem:

    17, 724 (0.02) = 354.48

    For Year 1:

    17,724 + 354.48 = 18,078.48

    Continue the same pattern for the remaining 18 years. Use your calculator.
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