A local car dealership is holding a year-end event because new car models have just been released. Declan has $35,000 to spend on a car. The car Declan decides to buy for his family costs $35,000. However, it is part of the year-end event, which means he receives a 15% discount on the new car. Declan plans to put the money he saves on the car into a new bank account. The bank account has a yearly simple interest rate of 4%, paid at the end of each year. If Declan does not add any other money to this bank account, it will take

Answers

Answer 1

Answer:

6 years

Step-by-step explanation:

The computation of the time period is given below:

As we know that

Future value = Present value × (1 + rate of interest)^time period

$6,720 = ($35,000 × 15%) × (1 + 0.04)^time period

$6,720 = $5,250 × 1.04^time period

1.28 = 1.04^time period

So, the time period is 6.29 years i.e. 6 years

hence, the time that should be taken is 6 years


Related Questions

Please help i have so much other work to do
Will give brainliest for full answer

Answers

The measure of angle t = 71 degrees. The measure of angle d=49 degrees. The sum of angles in any triangle is 180 degrees. The measure of each angle in an equilateral triangle is 60 degrees. I believe that z=100 degrees. X=40 degrees. A circular window and a rectangular window are NOT congruent. I believe they other sides are both 15cm each. The measure of angle a is approximately equal to the measure of angle e. Then CD=GH. Please Brainliest.

PLS HELP PLS HELP SORRY IF THE SUBJECT DOESNT MATCH

Answers

Answer:

it goes up to thirty

it has millimeters displayed in between

What is the equation of the line for the graph shown below?

Y=-7x+3

Y=-1/2x+3

Y=x+3

Answers

The graph is going up
The only equation with a positive slope is y = x + 3
The solution is C

_x_=-0.75 The two rational numbers have to have what in common?

Answers

Answer:

-3:4 is The two rational numbers have to have in common.

which exponential expression is equal to 2−5·28

Answers

Answer:

Impossible

Step-by-step explanation:

Solve the answer 2-5*28 = -138

This would have no answer since an exponential expression can't equal an negative unless it's a negative answer, but in this case, there is no answer that would get you -138.

Jeremiah scored 32 points in yesterday’s basketball game. He made a total of 19 baskets.Some of the baskets were field goals (worth two points) and the rest were free throws (worth one point). Write and solve a system of equations to find the number of field goals and the number of free throws that Jeremiah made. Let x represent Field Goals and y represent Free Throws.

Answers

Answer:

17,-15

Step-by-step explanation:

Answer:

Please Give Brainliest

Step-by-step explanation:


3 argumentos silogistas​

Answers

Answer:

Step-by-step explanation:

Jenny paid $25 to get access to the internet on her iPad. She also has to pay
$15 per month for the service to continue. Write an equation that represents the
total she will pay for m months. Solve the equation and show your work.

Answers

Answer:

25+15m

The first pay of $25 then each month you add $15 so it's 15m.

Step-by-step explanation:

LEVEL 10
William and Ben are neighbors and found out they are born on the same day of the year.
William is 4 times older than Ben. But when you add their ages together and subtract 8 the
answer is 67. How old is Ben?
( you must create equations and solve by substitution to receive credit)

Answers

Answer:

(x+y)-8= 67y × 4 = x y= 15 Hence Ben is 15 years old 15×4= 60 years old Hence William is 60 years old Logic check: 60+15-8=67 75-8=67 67=67 I do quizzes and exams if your interested!!

Simplify (6w + 5.2) + (12.2 + 2.3w)

Answers

Answer:

The answer is 8.3 W + 17.4

If you click on the image it will show you how to solve the equation and I hope this helps you.

Solve the system of equations by elimination: -6x + 2y = -4 and -5x + 5y = 30

Answers

The answer is 1/3 and -6/5

Answer:

x = 4

Step-by-step explanation: hope this helps!!

HELP ME PLZZ I NEED HELP!!!

Answers

Answer:

the answer is B.

Step-by-step explanation:

Anna ran 10 meters, Bill ran 15 meters, and Chloe ran 20 meters. How many centimeters did the three people run?

Answers

Answer:

Anna: 1000cm

Bill: 1500

Chloe: 2000

convert m to cm

Answer:

4500 cm

Step-by-step explanation:

1 meter = 100 cm

10 meters = 1000 cm

15 meters = 1500 cm

20 meters = 2000 cm

1000 + 1500 + 2000 = 4500 cm

Does (0,5) make the equation y = 7x true?​

Answers

Answer:

I beleive  

Ordered pairs are in the form (x , y). So, my x-coordinate is 0 and my y-coordinate is 0. ... Since, -7 times 0 is equal to 0, I get 0 = 0. This is a true statement, and so (0, 0) is a solution to the equation If its incorrect I'm sorry

Step-by-step explanation:

y=x-2
make x the subject

Answers

Answer:

x + 2 = y

Step-by-step explanation:

y = x - 2

x = y - 2

x + 2 = y

Answer:

x=y-2

Step-by-step explanation:

x equals y -2 that is the answer to this equation

30 points And i will give brainliest

Answers

Answer:

The one with the frequency of 8

Step-by-step explanation:

Hey is right do as he says

If cos A = 0.8945, find the measure of angle A to the nearest degree.

Answers

I'm sorry but I don't know but can you help me?

Thomas puts $1100 into a savings account that earns 4.5% interest compounded monthly. How much money will he have in savings in 6 years?


If someone does a non-mathematical answer just for the points, I will report them. Thank you.

Answers

Answer:

$1440.23

Step-by-step explanation:

The formula for calculating future value of a sum compounded at specified times =

FV = PV x (1 + r/m)^nm

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

m = number of compounding

$1100 x ( 1 + 0.045 /12) ^12x6 = $1440.23

2. x2 - 11x-26= 0
The number and type of roots

Answers

the answer is 12

because it is

Pls help I rlly appreciate

Answers

Answer:

38.9%

Step-by-step explanation:

a=28

b=77

c=33

d=56

e=72

a/e=.388888888

evaluate the expression
5x2^2

Answers

Answer:

2 ez cuh the answer is

20 x

Step-by-step explanation:

please give me brainlist I just need 3 more

Answer:

20

Step-by-step explanation:

Ok so,

2^2 = 4

*i'm just rewriting the expression*

so now it would be 5x4 which would be 20.

hope this helps! have a good day! pls mark brainliest!!!

i need help asap
Which choice shows the image of triangle 2 after a reflection over the
y-axis followed by a rotation of 180° around the origin?

Answers

pato apni sa pato bata is sa dak na sa kuch bi nahi mila ga

Answer:

Well I'm doing Image Math too and the answer is the Middle one

Step-by-step explanation:

You have to reflect it then after just look at the blocks 180 is like two blocks away if you understand what I am saying

In a sample of 500 respondents, men account for 20% of all observations in the sample. What is the total number of females in the sample ?

Answers

The total number of women is 400.


Explanation: 20% of 500 is 100

A percentage is a way to describe a part of a whole. The total number of females in the sample are 400.

What are Percentages?

A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.

To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.

Given that In a sample of 500 respondents, men account for 20% of all observations in the sample. Therefore, if we deduct the number of male from the total number of respondents, then we can get the total number of women.

Now, the total number of females in the sample are:

Total number of females in the sample

= Total number of respondents - Total number of males in the sample

= 500 - 20% of total respondents

= 500 - 20% of 500

= 500 - 0.20(500)

= 500 - 100

= 400

Hence, the total number of females in the sample are 400.

Learn more about Percentages here:

https://brainly.com/question/6972121

#SPJ2

Hina buys a laptop for Rs 45,500 and pays 16% general sales tax. What is the amount of tax? plz need it urgent on some page

Answers

Answer:

₹7280

Step-by-step explanation:

16% of 45500 = 0.16 × 45500 = 7280

Ms. Anderson deposits $7,000 into a savings account that pays a simple interest of 2% per year. What is the total amount of money that will be in her account at the end of 3 years?

Answers

Answer:

$7420

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 2%/100 = 0.02 per year,

then, solving our equation

I = 7000 × 0.02 × 3 = 420

I = $ 420.00

The simple interest accumulated

on a principal of $ 7,000.00

at a rate of 2% per year

for 3 years is $ 420.00.

14 pencils cost £3.36. How much would 8 pencils cost?

Answers

Answer:

£1.92

Step-by-step explanation:

3.36/14 will give you the cost of each pencil

£0.24 is the cost of one pencil

8 pencils will cost you £1.92

What is 4xy-3xz+y-2x-5=

Answers

Answer:

xz+y-2x-5

Step-by-step equation

You can only combine like terms

Which verbal expression best describes the algebraic expression 2x ÷ 4?

Answers

The quotient of 2 times some number and four.

Hope this helps and sorry if it is wrong but it’s what I got

Evaluate 4^0×x^-5 when x=2 .

Answers

Answer:

1/32

Step-by-step explanation:

Anything to the power of 0 is 1.

1*x^-5 (negative power means the reciprocal)

1/2^5 = 1/32

1*1/32=1/32

When x = 2, the value of 4⁰ × x⁻⁵ is 0.03125.

To evaluate the expression 4⁰ × x⁻⁵ when x = 2, we'll substitute the value of x into the expression and perform the necessary calculations.

First, let's evaluate 4⁰. Any number raised to the power of 0 is equal to 1. Therefore, 4⁰ = 1.

Next, let's evaluate x⁻⁵ when x = 2. A negative exponent indicates the reciprocal of the base raised to the positive exponent. So, x⁻⁵ = 1 / x⁵.

Substituting x = 2, we have 1 / 2⁵.

Now, we can simplify the expression:

1 / 2⁵ = 1 / 32 = 0.03125

Therefore, when x = 2, the value of 4⁰ × x⁻⁵ is 0.03125.

To learn more about the exponents;

brainly.com/question/30066987

#SPJ6

What is the value of p so that the expression 4(5 + n) is equivalent to 4(n + p) ?

Answers

Answer:

5

Step-by-step explanation:

4(5+n)=4(n+p)

20+4n=4n+4p

4p=20

p=20/4

p=5

Answer:

the value of p is 5

Step-by-step explanation:

the expression 4(5 + n) is equivalent to 4(n + p)

4(5+n)=4(n+p)

5+n=n+p

n+5=n+p

comparing each other

we get p=5

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