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Please help me with question 103

Please help me with question 103-example-1

1 Answer

2 votes

Answer:

103a. Candidate B = 62,00 votes

103b. Price per lb two years ago = $11.20

103c. Future value of car in four years = $12,760

103d. I can't see the entire question so I don't know what you are looking for.

Explanation:

103a. Candidate C= 15,000 < Candidate B

Candidate B = x

Total = 109,000

x - 15,000 + x = 109, 000

2x - 15,000 = 109,000

2x = 124,000

x = 62, 000

103b.

Current cost = $14 per lb

2 years ago cost = x

Increases each year by 10%

10% times 2 because it was two years is 20%

20% of 14 is 2.8

14 - 2.8 = 11.2

x = $11.20

103c.

Car originally = $29,000

Depreciates = 11% annually

Sells in = 4 years

Future value = x

11% times 4 = 44%

44% of 29,000 = 12760

Future value = $12,760

User Alex Barroso
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