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 2 years from now if the current price is $25,000. Write the equation that represents the projected cost C and provide a solution for the problem.
a.
C = 25,000 (1.05) squared
$27,562.50
c.
C = StartFraction 25,000 (2) Over 1.05 EndFraction
$47,619.05
b.
C = 25,000 (1.05) (2)
$52,500
d.
C = 25,000 (2) Superscript 1.05
$51,763.25

Please select the best answer from the choices provided

A
B
C
D

Question

03-08-2021
Mathematics

Answered

Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

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 2 years from now if the current price is $25,000. Write the equation that represents the projected cost C and provide a solution for the problem.
a.
C = 25,000 (1.05) squared
$27,562.50
c.
C = StartFraction 25,000 (2) Over 1.05 EndFraction
$47,619.05
b.
C = 25,000 (1.05) (2)
$52,500
d.
C = 25,000 (2) Superscript 1.05
$51,763.25

Please select the best answer from the choices provided

A
B
C
D

Sagot :

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.

Of 500 people who used the internet to find pet information, 390 said they used it when buying a pet. What portion used the internet when buying a pet?

Each hour, the number of bacteria in Dr. Nall’s petri dish tripled. What percent is the population compared to the population the hour before? A. 3% B. 30% C. 1

Help meh please For the graph shown, select the statement that best represents the given system of equations. 2y – x = 2 x – 2y = 8 A. consistent and independe

(1) While cleaning, Ms. Faber found chocolate candy inside her maroon car that was melted. (2) She was happy that she had leather seats, which allowed her to si

Correct the error, there is one sentence that has NO error 1. "I would like more tea please," she said 2. If we don't hurry up we will miss the train. 3. Rebecc

In "The Bat-Poet," which best describes the mockingbird? A. He is very proud and full of himself. B. He is very quiet and shy. C. He is very funny and silly. D.

So far Monica has read 5/6 of a book she has read the same number of pages each day for 5 days What fraction of the book does Monica read each day

which country controlled Florida in 1803

(83.9x10^12)(2.87x10^-3)/ 3.76x10^2

Which word in the sentence, if any, should be followed by a comma? Did you realize that the novel The Outsiders was written by a teenager? A. There is no error