jess wants to buy a car but she cannot decide if she should buy a Honda or a Kia. The Honda costs $16,000 and depreciates at an annual rate of 8%. The Kia costs $12,000 and depreciates at an annual rate of 12%. What will each car be worth in 5 years? In 10 years? Which car should she buy and why?

Answers

Answer 1

Answer:

Step-by-step explanation:

Honda : 16,000

each year depreciates 8% from 100% so will be left with 100-8 =92% or 0.92

in 5 years : 16,000* 0.92^5 ≈ $10,545.30

in 10 years : 16,000* 0.92^10 ≈ $6,950.22

Kia : $12,000

each year depreciates 12 % from 100% so will be left with 100-12 =88% or 0.88

in 5 years : 12,000* 0.88^5 ≈ $6,332.78

in 10 years : 12,000* 0.88^10 ≈ $3,342.01

Jess should buy the Honda if wants to use it for 5 years or less because although is more expensive than Kia, it depreciates less in 5 years.

In 5 years the difference in depreciation is 10,545.30 -6,332.78= $ 4,212.52 this is greater that the difference in the actual price 16,000-12,000 =$ 4,000

Jess should buy the Kia if wants to use the car for 10 years or more because Kia will depreciates less than Honda in 10 years.

In 10 years the difference in depreciation is 6,950.22 -3,342.01 =$ 3, 608.21 this is lower that the difference in the actual price 16,000-12,000 =$ 4,000


Related Questions

A car is traveling at 25 miles per hour during rush hour. How far does the car travel in
2 minute and 45 seconds?

Answers

Answer: 1.14583333333 miles

Step-by-step explanation: divide 25/21.81818181818182

The car will travel 1.15 miles in 2 minutes 45 secs

if a car is traveling at 25 miles per hour, the amount of time the car travels in secs is 3600secs

25 miles  = 3600secs

To get the distance traveled in 2 minutes 45 secs, we can write;

x = 165 secs

Divide both expressions

25/x = 3600/165

3600x = 25 * 165

3600x = 4125

x = 1.15 miles

Hence the car will travel 1.15 miles in 2 minutes 45 secs

LEarn more on speed here: https://brainly.com/question/10113134

determine the right and left hand behavior of the graph of the following functions.

[tex]f(x)=6-2x+4x^{2} -5x^{3}[/tex]

Answers

Answer:

  x → -∞, y → ∞

  x → ∞, y → -∞

Step-by-step explanation:

The function is odd degree with a negative leading coefficient. Its shape is generally down to the right (\). The end behavior will be ...

  x → -∞, y → ∞

  x → ∞, y → -∞

answer this pleaseEeeeeeee

Answers

Answer:

no solution ?

Step-by-step explanation:

Answer:

Infinitely many solutions because the system of equations are the exact same.

NO LINKS!!

Which type of comic does not have vertices or foci? ​

Answers

Answer:

  b) Circle

Step-by-step explanation:

All of the conic sections have vertices and foci. These features are not usually talked about for a circle, so perhaps "circle" is the expected answer.

__

A circle is a special case of ellipse with eccentricity 0. Its foci are coincident at its center, and its vertices are the ends of any pair of perpendicular diameters.

Question
Evelyn placed $1500 in a savings account which earns 5.2% interest, compounded continuously,
How much will she have in the account after 8 years?
Round your answer to the nearest dollar
DO NOT round until you have calculated the final answer.

Answers

Answer:

Step-by-step explanation:

So the final answer is $2274.

I need help!! 6-10!!!!!!!!!!!!!!!!

Answers

It is -4 have a good day

Tesses ging for a maik. She waiks 125 miles in 5 hours. What is her speed?

Answers

Answer:

25 miles/hour

Step-by-step explanation:

If you were to divide 125 by 5, you would get 25 miles per each hour as your answer. Brainless if I am correct.

What is the value of 1/6 with an exponent of 0

Answers

The answer is 1. Anything to the 0 power is 1.

What is the monthly payment for a 5 years 3,200 loan with a 9% APR?

Answers

Answer:

288 per month i guess 17280

Step-by-step explanation:

i just really dont get it

Answers

Answer: 22.02

Step-by-step explanation:

Just add them all together.


f(x)=√x
g(x) = √ 2 - x, find (fºg)x.

Answers

Answer:

∘g(x)=2x2−4x−3. And g∘f(x)=(2x−3)(2x−5)

Determine if these functions are even, odd, or neither

Answers

Answer:

First Graph: the function is symmetrical around y axis -> Even

Second Graph: the function is neither

please help i have a few minutes left!!
A. {a, c, g, j, k, r}
B. {C, g)
C. {a}
D. {a, c, g, j, q, k, r}

Answers

Answer:

Short

"Option A is the answer"

plot (-7,0) on a graph

Answers

Answer:

To go to (-7,0) on a graph on the x axis go to the left 7 times and plot your point

Step-by-step explanation:

[tex] \: \: \: \: [/tex]

To plot (−7,0) , start at the origin (0,0) and move left 7 units and up 0 units. To plot (7,0) , start at the origin (0,0) and move right 7 units and up 0 units.

hope it helps


Given logv5 3 ≈ 0.6826 and logv5 8 ≈ 1.2920, evaluate the expressions.

A) logv5 2
B) logv5 (75/8)

Answers

The answer is B I could be wrong but I think that’s the answer

4. Write an equation of the vertical line that passes through the point (-2,-8)

Answers

X=-2
You can know this because when you have only an x value you graph it by drawing a line straight up from there because there is every possible y value.

someoneplease help me
GIVING BRAINLIST TO FIRST RIGHT ANSWER
A. (4,-2)
B. (0,1)
C. (1,0)
D. (-1,0)

Answers

Answer:

C (1,0)

Step-by-step explanation:

Answer:

C. (1,0)

Step-by-step explanation:

When you go 3 to the left, you end up at (0, -2). When you go up 2, you get (1,0).

What is the value of x?

Answers

Answer:

x = 10.

Step-by-step explanation:

(5x-1) + (8x+5) + (4x+6) = 180   (the 3 angles in a triangle sum to 180 degrees).

5x + 8x+ 4x - 1 + 5 +6  = 180

17x + 10 = 180

17x = 170

x = 10.

m^(2)n+2m^(3) if m=-0.2 and n=-9.6

Answers

Hey there!

m^(2)n + 2m^3

= -0.2^(2)(-9.6) + 2(-0.2)^3

= (-0.04)(-9.6) + 2(-0.3)^3

= 0.384 + 2(-0.008)

= 0.384 - 0.016

= 0.368

Therefore, your answer is: 0.368

Good luck on your assignment and enjoy your day!

~Amphitrite1040:)

[tex]\huge{\purple{\underline{\underline{\bf{\pink{ANSWER:-}}}}}}[/tex]

[tex]\implies\tt{ {m}^{2n} + {2m}^{3} } \\ \\ \implies\tt{ { - 0.02}^{ 2 \times - 9.6} + 2 {( - 0.02)}^{3} } \\ \\ \implies\tt{ - 0.04 \times - 9.6 + 2( - 0.0008)} \\ \\ \implies\tt{0.384 - 0.016} \\ \\ \implies\tt{0.368}[/tex]

Please help

Find the mean
of the data.
Data: 46 22 46 49 45 39 40 42 41 39 40 36

Answers

Answer:

40.083

Step-by-step explanation:

The mean is the average of the numbers. It is easy to calculate: add up all the numbers, then divide by how many numbers there are. In other words it is the sum divided by the count.

Which of the following is most likely the next step in the series?

Answers

Answer:

The answer is C

Step-by-step explanation:

(I'm not completely sure)

Find the sum of the first 11 terms of the geometric sequence shown below.
2, 6, 18, 54, ...

Answers

Answer:

177146

Step-by-step explanation:

2 + 6 + 18 + 54 + 162 + 486 + 1458 + 4374 + 13122 + 39366 + 118098

Jessica made $156 for 12 hours of work.
At the same rate, how much would she make for hours of work?

Answers

Answer:

156/12=13

so makes 13 dollars a hour

Hope This Helps!!!

NEED HELP RELATIONSHIP IN TRIANGLES

Answers

We have: PT = NT <=> 4x - 17 = x + 10 <=> 3x = 27 <=> x = 9

=> NT = 4x - 17 = 4.9 - 17 = 19

Δ RNT have:

[tex]RT^2 = NT^2 -RN^2 =19^2 -14^2=165\\=>RT=\sqrt{165} [= 12.84523258][/tex]

Ok done. Thank to me :>

Will mark as brainliest if answer is correct
Which describes the graph of y=(x-4)^2-1?

A. Opens down with a vertex at (-4,-1)

B. Opens up with a vertex at (-4,-1)

C. Opens up with a vertex at (4,-1)

D. Opens down with a vertex at (4,-1)​

Answers

Answer:

B

Step-by-step explanation:

The term in the () is usually the x coordinate, and the last term (-1) is usually the y coordinate.

A. The graph shows how much money Farrah has in her savings account after weeks of saving on a regular basis. How much money does Farrah have in her savings account after 10 weeks of saving?

Answers

Answer:

Step-by-step explanation:

wheres the graph

Answer:

How much money does priya have after 10 weeks? 320

How long did it take her to save 200? 5

How much did priya have in her savings account when she started to save regularly? 80

Step-by-step explanation:

Ms.Thomas ordered 5 pencil packs, n notebooks, and 5 sets of makers. Write an algebraic expression that represents the cost of Ms.Thomas’s order

Answers

5(1.50)+5(2.50)+2n
or
7.5+12.5+2n
20+2n= Cost

Green Valley High School recently completed an expansion. Of the new classrooms, 11 are math
classrooms, 8 are science classrooms, and 6 are history classrooms. If a single classroom is picked at
random, what is the probability that the classroom is for math or history?

Answers

Answer: 68%

Step-by-step explanation:

The best way to do this is add up the number of math and history rooms, and divide that by the total number of rooms.

There are 17 total math and history rooms, and 25 rooms total.

17/25 = .68

Multiply that by 100 to get the percent and the answer is 68%

What is 196.7 16 in simplest form?

Answers

70/196 is 5/14
GCD OF 70 and 196 is 14
70 divided by 14
196 divided by 14
Reduced fraction: 5/14

Line j has an equation of y = 1/5x + 7. Perpendicular to line j is line k, which passes through
the point (-1, -3). What is the equation of line k?
Write the equation in slope-intercept form. Write the numbers in the equation as simplified
proper fractions, improper fractions, or integers.

Answers

keeping in mind that perpendicular lines have negative reciprocal slopes, let's check for the slope of the equation above

[tex]\begin{array}{|c|ll} \cline{1-1} slope-intercept~form\\ \cline{1-1} \\ y=\underset{y-intercept}{\stackrel{slope\qquad }{\stackrel{\downarrow }{m}x+\underset{\uparrow }{b}}} \\\\ \cline{1-1} \end{array}\qquad \impliedby y=\stackrel{\stackrel{m}{\downarrow }}{\cfrac{1}{5}}x+7 \\\\[-0.35em] ~\dotfill[/tex]

[tex]\stackrel{\textit{perpendicular lines have \underline{negative reciprocal} slopes}} {\stackrel{slope}{\cfrac{1}{5}}\qquad \qquad \qquad \stackrel{reciprocal}{\cfrac{5}{1}}\qquad \stackrel{negative~reciprocal}{-\cfrac{5}{1}\implies -5}}[/tex]

so then line K has a slope of -5 and pass through (-1, -3)

[tex](\stackrel{x_1}{-1}~,~\stackrel{y_1}{-3})\qquad \qquad slope=m=-5 \\\\\\ \begin{array}{|c|ll} \cline{1-1} \textit{point-slope form}\\ \cline{1-1} \\ y-y_1=m(x-x_1) \\\\ \cline{1-1} \end{array}\implies y-\stackrel{y_1}{(-3)}=\stackrel{m}{-5}[x-\stackrel{x_1}{(-1)}] \\\\\\ y+3=-5(x+1)\implies y+3=-5x-5\implies y=-5x-8[/tex]

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