A boat is worth $8502 new it depreciates at a rate of 13% a year intrest is compounded yearly what is the value after 16 years? (round to nearest penny)

1 answer
Question:

a boat is worth $8502 new
it depreciates at a rate of 13% a year
intrest is compounded yearly
what is the value after 16 years? (round to nearest penny)

Answers

A=8,502×(1−0.13)^(16)A=915.86

Similar Solved Questions

1 answer

In a diagnostic test for leukemia, a person receives 3.9 mL of a solution containing selenium-75. If the activity of the selenium-75 is 40 μCi/mL , what dose, in microcuries, does the patient receive?

In a diagnostic test for leukemia, a person receives 3.9 mL of a solution containing selenium-75. If the activity of the selenium-75 is 40 μCi/mL , what dose, in microcuries, does the patient receive?...
2 answers

Which of the following were results of the Korean War? Select three options.

Which of the following were results of the Korean War? Select three options....
1 answer

Which of the following is NOT one of the four main features of innate immune function? a. antimicrobial chemicals b. physical barriers c. phagocytes d. antibodies e. inflammation

Which of the following is NOT one of the four main features of innate immune function? a. antimicrobial chemicals b. physical barriers c. phagocytes d. antibodies e. inflammation...
2 answers

Use ce, cette ou ces. 1....... couteau (m)

use ce, cette ou ces. 1....... couteau (m)...
1 answer

What is one trillion to the tenth power?

what is one trillion to the tenth power?...
1 answer

Chu, an Operating Manager, needs to terminate one of his subordinates, who works on the same floor. The employee, even after several warnings, has been poorly executing work-related duties. Which of the following is the most appropriate medium for dealing with the termination? A) A face-to-face meeting B) A video conference C) A telephonic conversation D) An e-mail communication

Chu, an Operating Manager, needs to terminate one of his subordinates, who works on the same floor. The employee, even after several warnings, has been poorly executing work-related duties. Which of the following is the most appropriate medium for dealing with the termination? A) A face-to-face mee...
1 answer

Factor the expression: 30x^3-5x^2-18x+3 PLZ SHOW YOUR WORK

Factor the expression: 30x^3-5x^2-18x+3 PLZ SHOW YOUR WORK...
2 answers

Big Ben over the city of London. chime chimes

Big Ben over the city of London. chime chimes...
2 answers

Which source contains meanings for most words in a language? dictionary encyclopedia index

Which source contains meanings for most words in a language? dictionary encyclopedia index...
1 answer

Deduce the identity of the following compound from the spectral data given. C3H4BrN: H NMR, δ 2.98 (2H, triplet), 3.53 (2H, triplet) 13C NMR, δ 21.05 (triplet), 23.87 (triplet), 118.08 (singlet) (ppm):JR, 2963, 2254 cm" Express your answer as a chemical formula.

Deduce the identity of the following compound from the spectral data given. C3H4BrN: H NMR, δ 2.98 (2H, triplet), 3.53 (2H, triplet) 13C NMR, δ 21.05 (triplet), 23.87 (triplet), 118.08 (singlet) (ppm):JR, 2963, 2254 cm" Express your answer as a chemical formula....
2 answers

If a fossil sample originally contained 5 grams of carbon-14 and the half-life of carbon-14 is 5,700 years.After 11,400 years how many grams of carbon-14 would remain?

If a fossil sample originally contained 5 grams of carbon-14 and the half-life of carbon-14 is 5,700 years.After 11,400 years how many grams of carbon-14 would remain?...
1 answer

Enter the value of 18 + t2 - 5x3 when t = 4

enter the value of 18 + t2 - 5x3 when t = 4...
1 answer

I need help with this I don’t get it

I need help with this I don’t get it...
1 answer

During the Constitutional Convention, which plan of government proposed a legislature made up of one house, each state getting equal representation? A. The Virginia Plan B. The New York Plan C. The New Jersey Plan D. The Kentucky Plan

During the Constitutional Convention, which plan of government proposed a legislature made up of one house, each state getting equal representation? A. The Virginia Plan B. The New York Plan C. The New Jersey Plan D. The Kentucky Plan...
2 answers

Someone pls help:) Find the equivalent expressions for (x+7) (x+1)

Someone pls help:) Find the equivalent expressions for (x+7) (x+1)...
1 answer

In the eighteenth century, colonial virginia and colonial massachusetts were most alike in that both

in the eighteenth century, colonial virginia and colonial massachusetts were most alike in that both...
2 answers

I said, certified freak Seven days a week Wet-a** p--- Make that pull-out game weak, woo

I said, certified freak Seven days a week Wet-a** p--- Make that pull-out game weak, woo...

-- 0.015935--