You are planning on purchasing a new car and have your eye on a specific model. You know that new car prices are projected to increase at a rate of 5% per year for the next few years. Find the cost of the car 3 years from now if the current price is $26,000. Write the equation that represents the projected cost C and provide a solution for the problem.

A. C = 26,000(1.05)(3); $81,900
B. C = 26,000(1.05)3; $30,098.25
C. C = 26,000(3)1.05; $82,404.45
D. C = ; $74,285.71


Answer: B

Mathematics

You might also like to view...

Decide whether or not the functions are inverses of each other.f(x) =  , g(x) = 4 - x2

A. Yes B. No

Mathematics

Find the average value of the given function  over the plane region R.

?
; R is the region bounded by the graph of  and  from  to .
?

A.
B. ?
C. ?
D. ?
E. ?

Mathematics

Use Bayes' rule to find the indicated probability.The incidence of a certain disease on the island of Tukow is 4%. A new test has been developed to diagnose the disease. Using this test, 91% of those who have the disease test positive while 4% of those who do not have the disease test positive (false positive). If a person tests positive, what is the probability that he or she actually has the disease?

A. 0.438 B. 0.487 C. 0.91 D. 0.856

Mathematics

Indicate the quadrant in which the point belongs.(-4, 16)

A. IV B. II C. I D. III

Mathematics