7. A new car depreciates as soon as you drive it out of the parking lot. A certain car depreciates to

half its original value in 4 years. If you bought a car 8 years ago and it is now worth $5,000, how

much did you pay for the car originally?

Answers

Answer 1

Given :

A new car depreciates as soon as you drive it out of the parking lot. A certain car depreciates to  half its original value in 4 years. If you bought a car 8 years ago and it is now worth $5,000.

To Find :

How  much did you pay for the car originally.

Solution :

Let, original price is x.

It is given that price gets half after 4 years.

So, price after 8 year is, P = x/4 .

x/4 = 5,000

x = $20,000

Therefore, price of new of car is $20,000.

Hence, this is the required solution.


Related Questions

Can somebody help me with solve this question

Answers

Answer:

f⁻¹(y) = y^(-7/17)

Step-by-step explanation:

f(x) = x^(-17/7)

To find the inverse, switch x and y, and solve for y.

x = y^(-17/7)

x^(-7/17) = y

Therefore, f⁻¹(y) = y^(-7/17).

Suppose you are the manager of Speedy Oil Change which claims that it will change the oil in​ customers’ cars in less than 30 minutes on average. Further suppose that several complaints have been filed from customers stating that their oil change took longer than 30 minutes. ​ Upper-level management at Speedy Oil Change headquarters has requested that you investigate the complaints. To begin your​ investigation, you randomly audit 36 oil changes performed by Speedy Oil Change and record the time each customer waited for the oil change. The number of minutes to complete each of the 36 oil changes is reported below.


Suppose you are the manager of Speedy Oil Change which claims that it will change the oil in​ customers’ cars in less than 30 minutes on average. Further suppose that several complaints have been filed from customers stating that their oil change took longer than 30 minutes. ​ Upper-level management at Speedy Oil Change headquarters has requested that you investigate the complaints. To begin your​ investigation, you randomly audit 36 oil changes performed by Speedy Oil Change and record the time each customer waited for the oil change. The number of minutes to complete each of the 36 oil changes is reported below.


42
29
19
11
10
27
41
27
22
26
28
32
17
15
25
35
31
22
13
31
17
37
33
25
18
24
28
21
40
19
33
30
14
23
22
10

1. Write the null and alternative hypothesis. Label each accordingly.
2. Calculate the Test Statistic and the​ P-value. Label each​ accordingly, and report the​ P-value to 4 decimal places.
3. Using the​ P-value calculated in​ #2, explain why you would or would not reject the null​ hypothesis? Answer using a complete​ sentence, proper grammar and correct spelling. Do NOT write a conclusion.
4. Based on your answer to​ #3, write a final conclusion for the test of​ hypotheses, and explain if the company is fulfilling its promise to​ “change the oil in​ customers’ cars in less than 30 minutes on​ average?” Answer using a complete​ sentence, proper grammar and correct spelling.  

Answers

Answer:

Explained below.

Step-by-step explanation:

(1)

The hypothesis can be defined as follows:

H₀: The Speedy Oil Change will change the oil in​ customers’ cars in more than 30 minutes on average, i.e. μ > 30.

Hₐ: The Speedy Oil Change will change the oil in​ customers’ cars in less than 30 minutes on average, i.e. μ ≤ 30.

(2)

Use Excel to compute the sample mean and standard deviation as follows:

[tex]\bar x=\text{AVERAGE(array)}=24.917\\\\s=\text{STDEV.S(array)}=8.683[/tex]

Compute the test statistic as follows:

[tex]t=\frac{\bar x-\mu}{s/\sqrt{n}}=\frac{24.917-30}{8.683/\sqrt{36}}=-3.51[/tex]

The degrees of freedom is:

df = n - 1

   = 36 - 1

   = 35

Compute the p-value as follows:

[tex]p-value=P(t_{35}<3.51)=0.0006[/tex]

(3)

The p-value = 0.0006 is very small.

The null hypothesis will be rejected at any of the commonly used significance level.

(4)

There is sufficient evidence to support the claim that the Speedy Oil Change will change the oil in​ customers’ cars in less than 30 minutes on average.

Using the t-distribution, we have that:

1.

The null hypothesis is [tex]H_0: \mu \geq 30[/tex]

The alternative hypothesis is [tex]H_1: \mu < 30[/tex]

2. The test statistic is t = 3.51.

3. The p-value is of 0.0063.

4. Since the p-value is of less than the standard significance level of 0.05, we reject the null hypothesis, and can conclude that the company is fulfilling its promise.

Item 1:

At the null hypothesis, we test if the mean is of at least 30 minutes, that is:

[tex]H_0: \mu \geq 30[/tex]

At the alternative hypothesis, we test if the mean is of less than 30, that is:

[tex]H_1: \mu < 30[/tex]

Item 2:

We have the standard deviation for the sample, thus, the t-distribution is used. The test statistic is given by:

[tex]t = \frac{\overline{x} - \mu}{\frac{s}{\sqrt{n}}}[/tex]

The parameters are:

[tex]\overline{x}[/tex] is the sample mean. [tex]\mu[/tex] is the value tested at the null hypothesis. s is the standard deviation of the sample. n is the sample size.

For this problem:

[tex]\mu = 30, n = 36[/tex]Using a calculator, [tex]\overline{x} = 24.92, s = 8.68[/tex]

The test statistic is:

[tex]t = \frac{\overline{x} - \mu}{\frac{s}{\sqrt{n}}}[/tex]

[tex]t = \frac{24.92 - 30}{\frac{8.68}{\sqrt{36}}}[/tex]

[tx]t = 3.51[/tex]

The test statistic is t = 3.51.

Item 3:

The p-value is found using a left-tailed test, as we are testing if the mean is less than a value, with t = 3.51 and 36 - 1 = 35 df.

Using a calculator, this p-value is of 0.0063.

Item 4:

Since the p-value is of less than the standard significance level of 0.05, we reject the null hypothesis, and can conclude that the company is fulfilling its promise.

A similar problem is given at https://brainly.com/question/16194574

Naomi has earned $50 mowing lawns the past two days. She worked 3 1/2
hours yesterday and 2 3/4
hours today. If Naomi is paid the same amount for every hour she works, how much does she earn per hour to mow lawns?

Answers

I’m sorry I don’t know I would help but I don’t know lol

The time it takes to preform a task has a continuous uniform distribution between 43 min and 57 min. What is the the probability it takes between 52.3 and 54.7 min. Round to 4 decimal places.

Answers

Answer:

The values is  [tex]P(52.3 < X < 54.7 ) = 0.17142[/tex]

Step-by-step explanation:

From the question we are told that

  The lower limit of the interval is  a = 43 minutes

   The upper limit of the interval is  b  =  57 minutes

Generally the probability distribution function of  uniform distribution is mathematically represented as

          [tex]F(x) = \left \{ {{\frac{1}{(b - a)}\ \ \ for \ x \ \epsilon\ | a, b | } \atop {0 } \ \ \ \ \ \ otherwise} \right.[/tex]

Generally the probability it takes between 52.3 and 54.7 min is mathematically represented as

       [tex]P(52.3 < X < 54.7 ) = \int\limits^{52.4}_{54.7} {F(x)} \, dx[/tex]

=>  [tex]P(52.3 < X < 54.7 ) = \int\limits^{52.4}_{54.7} {\frac{1}{57- 43} } \, dx[/tex]

=>   [tex]P(52.3 < X < 54.7 ) = \int\limits^{52.4}_{54.7} {\frac{1}{14} } \, dx[/tex]

=>   [tex]P(52.3 < X < 54.7 ) = {\frac{1}{14} } \int\limits^{52.4}_{54.7} \, dx[/tex]

=>   [tex]P(52.3 < X < 54.7 ) = {\frac{1}{14} } [x] \ | \left 54.7} \atop {52.3}} \right.[/tex]

=>   [tex]P(52.3 < X < 54.7 ) = \frac{54.7 -52.3}{14}[/tex]

=>   [tex]P(52.3 < X < 54.7 ) = 0.17142[/tex]


Due today by 7:00pm Plz help me will mark the brainiest

Answers

Answer:

It should be -36 because there are no parentheses if it was (-6)² then it would be 36 but since there are no parentheses its like -(6²) which is -36

Answer: the answer is -36

16 correct answer out of 20 question. How many % got right?​

Answers

Answer: You got 80% right

Step-by-step explanation: 100÷20=5     5×16=80

PLEASE MARK ME BRAINLIEST

80% got the right answers out of 20 questions.

What is Percentage?

percentage, a relative value indicating hundredth parts of any quantity.

The number of questions are twenty 20.

Out of this 20 questions 16 questions are correct.

We need to find the percentage of the right answers.

20x=16

Divide both sides by 20

x=16/20

x=0.8

Now to find the percentage multiply x value with 100 as it is a hundredth part.

0.8×100=80%

Hence, 80% got the right answers out of 20 questions.

To learn more on Percentage click:

https://brainly.com/question/28269290

#SPJ2

Suppose the local Barons team wins every game they play with a probability of 0.75. What is the probability that the Barons would win a best-of-seven-game series (i.e., they play games until one team has won four game)?

Answers

Answer:

The probability is 0.173

Step-by-step explanation:

The probability is of winning is 0.75 = 75/100 = 3/4

This means that the probability of losing is 0.25 = 25/100 = 1/4

So if they are two win 4 games, they will lose three

We can get this probability using the Bernoulli approximation of the binomial theorem

So here, we have

P(X = 4) = 7 C 4 * 0.75^4 * 0.25^3

= 0.173034667969

which is approximately 0.1730

Brainliest...don’t need an explanation

Answers

Answer:

13-0.75w+8x
13-0.75(12)+8(1/2)
13-9+4
4+4
8

Answer:

8

Step-by-step explanation:

A recipe for punch requires 8 quarts of orange juice concentrate, 2 quarts of cranberry juice, and enough water to make a total of 14 quarts of punch. How much water is needed for this recipe?

Answers

1. Find the sum of quarts for all of the juices.

8q OJ + 2q CJ + Xq H2O = 14

2. There are 10q of juice in the punch. The remaining liquid is water. Find the difference between 14q and 10q.

14q - 10q = 4q H2O

Answer: 4 quarts of water is needed for this recipe.

Clayton opens a savings account with 11 dollars he got from his grandmother

Answers

Answer:

The answer is "$3640.58"

Step-by-step explanation:

This question is incomplete, that's why we add another question in the attached file. Please find it.

P = [tex]\$ \ 1300[/tex] and effective per year is = interest rate per year = 7.2  

Total  [tex]\$ \ 1300[/tex] due after 8 years is P+PRT:

[tex]\to 1300(1+0.072 \times 8)\\\\\to 1300(1+ 0.576)\\\\\to 1300(1.576)\\\\\to \$ \ 2048.8[/tex]

[tex]\to Total \ X = \$ \ (7000-2048.8) \\\\[/tex]

[tex]= \$ \ 4951.2 \\\\= X(1 +0.072 \times 5)\\\\=1.36 X \\\\[/tex]

The number of dollars is X [tex]= \frac{4951.2}{1.36} = \$ \ 3640.58[/tex]

help please
what is 3/4×5/7 =​

Answers

Answer:

15/28 simplified to 5/8 (credit to other answer.)

Step-by-step explanation:

Multiply the top numbers 3*5 which equals 15 and then multiply the bottom numbers 4 and 7 for 28. Put 15 over 28.

what is the remainder of 58,511 divided by 21, the quotient is 2,786 R

Answers

Answer:

the remainder is 5. 2,786 R 5

Which decimal makes the comparison true? 7.68 > ______ a. 8.81 b. 8.68 c. 7.86 d. 7.56

Answers

Answer:

D. 7.56

Step-by-step explanation:

First we can see it has a less than symbol meaning whatever we put has to be less than the first number.

So the only number less than 7.68 is 7.65!

Answer:

D

Step-by-step explanation:

The number we're dealing with is 7.68.

the symbol means that whatever number comes after it is less than 7.68. So, we look at the other numbers to see if they're bigger than 7.68.

8.81 is bigger than 7.68.

8.68 is bigger than 7.68.

7.86 is bigger than 7.68.

7.56 is smaller than 7.68.

A camel drank 2 1/2 gallons of water in 1/4 hour. What was the average rate in gallons per hour at which the camel drank?

Answers

Answer:

10 gallons per hour

Step-by-step explanation:

1/4x4=1. 2 1/2x4=10. Hope it helps!

Find the vertex of the following. f(x) = x2 - 12x + 35

Answers

............ the vertex is (6,-1)
I have no idea but the other person can try I guess

The diagram compares the ratio of girls in the chorus to boys in the chorus . What is the ratio of girls to boys ? If there are 40 students in the chorus, how many are girls and how many are boys.

Answers

Answer:

The diagram can't be seen

Step-by-step explanation:

.... Sry.. I can't solve this one... I can't see the diagram

evaluate 103 × 97 without directly multiplying​

Answers

Answer:

9991

Step-by-step explanation:

103 × 97

(100 +3) (50+47)

get two number which you can add to get the value in the question

n then expand

100(50+47) +3(50+47)

5000+4700+150+141

9991

Brand A is $5 per 60 pound bag and Brand B is $12 per 150 pound bag. What Is the unit rate that brand A is selling for

Answers

Answer:

YEEYEE

Step-by-step explanation:

1/2 + 5/2 =

I need help with this

Answers

Answer:

3

Step-by-step explanation:

1/2+5/2=    6/2=    3/1=       3

I hope this helps you and good luck!

For the following pair of lines, identify the system by type.


equivalent
consistent
inconsistent

Answers

Answer:

The answer is C inconsistent

Step-by-step explanation:

Option 3: inconsistent

The perimeter of the shape is 25.71 cm


Calculate the value of the radius

Take π to be 3.142

Answers

Answer:

The radius of the circle is: 4.09 cm

Step-by-step explanation:

Assuming the shape to be a circle.

The perimeter of a circle is called circumference and is given by the formula.

[tex]C = 2\pi r[/tex]

For the time being, we know

[tex]\pi = 3.142\\C = 25.71cm[/tex]

Putting the values in the formula we get: as x is the radius

[tex]25.71 = 2 * 3.142 * x\\25.71 = 6.284x\\x = \frac{25.71}{6.284}\\x = 4.09\ cm[/tex]

Hence,

The radius of the circle is: 4.09 cm

235 people are at a summer camp. There are 35 more boys than girls, and 70 fewer adults than girls. How many people of each group are at the camp?

Answers

Answer:

125 boys, 90 girls and 20 adults

Step-by-step explanation:

Let the number of boys be x

Let the number of girls be y

Let the number of adults be z

If there are 235 people at the summer camp, then;

x + y+ z = 235 ..... 1

If there are 35 more boys than girls, then;

x = y + 35 .... 2

If there are 70 fewer adults than girls then;

y = z - 70

z = y - 70....3

Substitute 2 and 3 into 1;

x + y+ z = 235 ..

(y+35)+y+(y-70) =235

3y -35 = 235

3y = 270

3y/3 = 270/3

y = 90

Since x = y + 35

x = 90 + 35

x = 125

Also z = y - 70

z = 90+70

z = 20

There are 125 boys, 90 girls and 20 adults

Answer:

There are 90 girls, 125 boys, and 20 adults.

Step-by-step explanation:

Let x be the number of girls. How many boys were there?

x + 35

How many adults were there?

x - 70

We know that 235 people are at RSM summer camp. Use this to make an equation.

x + (x + 35) + (x - 70) = 235

x + x + 35 + x - 70 = 235

3x - 35 = 235

3x - 35 + 35 = 235 + 35

3x = 270

3x ÷ 3 = 270 ÷ 3

x = 90

x, x + 35, x - 70

90, 125, 20

Determine the point estimate of the population mean and margin of error for the confidence interval with lower bound 26 and upper bound 38.

Answers

Answer

The point estimate of the mean is [tex]\= x = 32[/tex]

The margin of error is  [tex]E =6[/tex]

Explanation

From the question we are told that

    The lower bound of the interval is  [tex]a = 26[/tex]

     The upper bound of the interval  is  [tex]b = 38[/tex]

Generally the point estimate of the population mean is mathematically represented as

            [tex]\= x = \frac{a +b}{2}[/tex]

=>          [tex]\= x = \frac{26 +38}{2}[/tex]

=>          [tex]\= x = 32[/tex]

Generally the margin of error is mathematically represented as

             [tex]E = \frac{ b- a}{2}[/tex]

=>         [tex]E = \frac{ 38- 26}{2}[/tex]

=>         [tex]E =6[/tex]

please I need help ​

Answers

Answer:

6

Step-by-step explanation:

Parrelal lines, so SRQ will be 180-108=72. 72/12=6.

i think the answer would be 6.

If line b is perpendicular to line a, and line c is perpendicular to line a, what is the slope of line c?

mc =

Answers

Answer:

the slope would be the same as line b

Step-by-step explanation:

the slope would be the same as line b because they are both perpendicular to line a, meaning they both have the same slope.

Answer:

mc= 1

Step-by-step explanation:

correct on edge 2020

How can this be correct? 6>6 X+3+4=9​

Answers

Answer:

its not

Step-by-step explanation:

because the x equals 4 so it will be 4+3+4=9 because 3+4 equals 5 so you add 4 and get 9

which best describes how to solve a question below?
64x=37

Answers

Answer:

X=37/64

Step-by-step explanation:

64x=37

x=37/64

Write the LCD (Least Common Denominator I think) for each pair of fractions.
1/3, 1/5 | 2/7, 1/4 | 3/4, 3/5 | 2/9, 5/12 | 1/3, 3/7 | 1/6, 4/9

Please help. ASAP​

Answers

Answer:

answer: 15, 28, 20, 36, 21, 18

Help me please. Thanks

Answers

Answer:

ç sir kasi multiplication gamitinnnyan

Answer:

A

Step-by-step explanation:

Find the area of the square

Area = s^2

s = 8

Area = 64 square feet.

Find the area of 1 circle.

r = d / 2

r = 4 / 2

r = 2

Area of 1 circle = pi r^2

Area of 1 circle = 3.14 * 2^2

Area of 1 circle = 12.56

Area of 4 circles

Area of 4 circles = 4 * 12.56

Area of 4 circles = 50.24

Area of unshaded area

Area of unshaded area = area square - area 4 circles.

Area of unshaded area = 64 - 50.24

Area of unshaded area = 13.76

Find the present value that will grow to $1000 if the annual interest rate is 5.5% compounded quarterly for 10 years

Answers

Answer:

1708.14 rounded

Step-by-step explanation:

Y= a•b^x

5.5% = 0.055

1+0.055=1.055

Y= 1000•1.055^10

Y= 1708.14

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