Algebra and Trigonometry: Structure and Method, Book 2
Algebra and Trigonometry: Structure and Method, Book 2
2000th Edition
ISBN: 9780395977255
Author: MCDOUGAL LITTEL
Publisher: McDougal Littell
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Concept explainers

Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…
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Question
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Chapter 10.7, Problem 20P
To determine

To determine the average annual depreciationrate of price of tractor.

Expert Solution & Answer
Check Mark

Answer to Problem 20P

The average annual rate of depreciation is approximately 20.5%

Explanation of Solution

Given information:

New tractor cost $8000

Dicreased value to $3200 in 4 years.

We shall use the formula of depreciation,

  A=P(1−r)t

We put the values from the question.

Here we have to find the rate r

Initial value is P and final value is A

Hence we get,

  3200=8000(1−r)40.4=(1−r)40.414=1−r0.795=1−rr=1−0.795r=0.205r=20.5%

Hence the average annual rate of depreciation is approximately 20.5%

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Chapter 10.7, Problem 19P
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Chapter 10.7, Problem 21P

Chapter 10 Solutions

Algebra and Trigonometry: Structure and Method, Book 2

Ch. 10.1 - Prob. 1OECh. 10.1 - Prob. 2OECh. 10.1 - Prob. 3OECh. 10.1 - Prob. 4OECh. 10.1 - Prob. 5OECh. 10.1 - Prob. 6OECh. 10.1 - Prob. 7OECh. 10.1 - Prob. 8OECh. 10.1 - Prob. 9OECh. 10.1 - Prob. 10OE
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