Pandorasbx353 Pandorasbx353

20-05-2020
Mathematics

contestada

new car costs $25,000 to build in 2020. The company’s analyst estimates the cost to build will rise 6% every year for the next 10 years. How much will the car cost in 2023?

Respuesta :

sqdancefan sqdancefan

24-05-2020

Answer:

$27,318.18

Step-by-step explanation:

The build cost is multiplied by 1.03 each year. After 3 years, it will be multiplied by 1.03^3, so will be ...

$25,000×1.03^3 ≈ $27,318.18

Answer Link

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

Simplify the ratio 36.8 to 12.8

miss holman gave a 90 cent tip to a waitress for serving a meal costing $6.00. what is the percent of the bill was her tip?

Why did Muslim people in the Middle East and other parts of Asia experience hardship during the time of the European Middle Ages? A. Their leaders, Muslim nobl

The highest ranking military officers of the army, navy, and air force from the

Which examples describe how a migratory bird will meet the challenge of reproducing? Choose all answers that are correct. A. The bird will defend its nest and

4/5 -1/2 in simplest form?

Write an equation that represents the problem, then solve the problem. Seven-fourths decreased by a number is 2. Find the number

Which of the following people were most sympathetic to the southern view on slavery? A). Roger Taney B). William Lloyd Garrison C). John brown D). Jefferson Dav

Why did Muslim people in the Middle East and other parts of Asia experience hardship during the time of the European Middle Ages? A. Their leaders, Muslim nobl

A wheel with a circumference of 3 inches is rotating at 5 rotations per minute. What is the distance the wheel travels in one minute.