Suppose the price P, in peso, of a Honda Civic EX-L sedan that is x years old could be modeled-. by P(x) = 1,113,250 (0.90)* How old could a Honda Civic EX-L worth 505,140 pesos have been? (A 15.2 years B 5.4 years © 7.5 years 10.1 years

Q: Suppose a bank account pays interest that is compounded 6 times per year. If initial deposit was…

A: Initial amount=P= 1500 Final amount= A= 6000 Time = 4 years  Interest rate = r= ? Number of times…

Q: A company has developed an online application for smart mobile phones, the users who installed the…

A: Given:-               Total user in 2017  =  987              Increase rate  = 15 %…

Q: The sum of Php 15,000 was invested for 3 years at 9% interest compounded semiannually (a) how much…

A: Given that : Principal (P) = 15000 Rate (r) = 9 % annually... For semiannually rate becomes  9/2 %…

Q: worker earned K11, 800 per month in 2016. The cost of living index increased by 63.8% between 2016…

A: Given worker earned K11, 800 per month in 2016. The cost of living index increased by 63.8% between…

Q: What amount will be deposited in a bank at 10% compounded quarterly that will accumulate to 125 000…

A: Here Given  Deposited Amount=P Interest Rate=R=10 % =0.1 No of Quarters= 6×4=24 Accumulated Amount=…

Q: How long does it take for a sum of money to double itself at a simple interest rate if 5% per annum?…

A:

Q: What amount must be deposited by a 20-year old student in a bank that pays 5% compounded annually so…

A: As A = P(1+r)t where A = final amount  P = Principal Amount  r = interest rate t = time

Q: If Php 25,000 is invested at an annual interest rate of 12% compound a. annually b. quarterly c.…

A: Given : Investment amount = Php 25000Rate = 12% and time = 2 years

Q: Maile deposited $9,000 into a retirement account whose balance grew 4%per year. She made no further…

A:

Q: How much money should be invested in an account that earns 3.25% interest, compounded monthly, in…

A:

Q: QID 870. Fortinet Inc., a cybersecurity firm headquartered in Sunnyvale, California, is one of many…

A: Given: Final value = $202853 Starting value = $121933 Formula Used: Annual growth rate = Final value…

Q: A worker earned Rs. 900 per month in 1990. The cost of living index increased by 70% between 1990…

A:

Q: How much interest is earned in 6 years on Php 8000 deposited in an account paying 9% interest,…

A: To find  How much interest is earned in 6 years on Php 8000 deposited in an account paying 9%…

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A: Compound interest formula used

Q: The annual average population growth rate in the Philippines from 2015-2020 is 1.59%. Assuming that…

A: Solution :-

Q: The current value of a company is 26 million. If the value of the company six years ago was 10…

A: Solution-:Given: The current value of a company is 26 million. If the value of the company six years…

Q: At what rate of interest compounded semi-annually for 8 years will be Rs. 3150 amount to Rs. 4720?

A: