The value of a diamond bracelet depreciates at a value of 20% per year (in other words, the value of the bracelet each year is 80% of what is was the previous year). Katie bought a diamond tennis bracelet for $1000.   At the beginning of the 8th year, the bracelet is worth $

Q: Sam bought a car for $23,425.  The car depreciates at a rate of 10.375% per year.  What is the value…

A: Given: Sam bought a car for $23,425.  The car depreciates at a rate of 10.375% per year.  To  Find:…

Q: Rodney invested some money in a certificate of deposit (CD) that paid interest at a rate of 9% per…

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Q: Carl placed $3,200 in a savings account that compounds interest annually at a rate of 1.0%. How much…

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Q: A person buys a boat for $32,750. The boat loses value at a rate of 4.2% per year. What will the…

A: Given: The boat price is(Amount)=$32,750 Rate of interest(loses value)=4.2% To find: The value of…

Q: Skylar goes to the store to buy a sweatshirt and finds out it is on sale for 58% off. How much was…

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Q: You bought $1,000 worth of stock. For the last 7 years you have been losing 3% a year. How much will…

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Q: $1,000 at 8% for 5 years?

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Q: A used car bought in 2019 was worth $8,000. Each year its value depreciates by 4.5%. What is the…

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Q: $350 is borrowed at a rate of 2.5% simple interest for 3 years. How much interest will be paid?

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Q: Joy pays $9500 for shares in a new company.

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Q: Rahul purchased his car for $28 000. The car depreciates by 8.75% per year. What is the value of the…

A: The initial cost of the car, P0=$28 000 rate of depriciation per year, r = 8.75%=0.0875 Number of…

Q: Margo borrows $100, agreeing to pay it back with 6% annual interest after 16 months. How much…

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Q: simple

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Q: A man wants to set up a 529 college savings account for his granddaughter. How much would he need to…

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Q: Tony sells sporting goods. He makes a 10 % commission on every dollars of sales that he makes. One…

A: Given that  Tony sells sporting goods. He makes a 10 % commission on every dollars of sales that he…

Q: Mr. and Ms.Boyce bought a house for 96,000 in 1995. Real estate values in their area increase…

A: In the year 2000 the price of the house will be  $ 116713

Q: Tyler's mom purhased a saving bond for Tyler. The value of the savings bond increases by 4% each…

A: It is given that the value of the bond increases by 4% every year. The value of the bond after 1…

Q: At age 24, Brandie decides to put $150 a month into an account that has a 6% APR until she retires…

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Q: A transport company purchased a truck for ​$79,000.The company depreciated the truck at the end of…

A: To find the value of the truck at the end of the sixth year after it was purchased for $79000 and…

Q: A rare painting increased in value 2,700% over the past 59 years. This was an increase of $33,000.…

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