kamiyahfuller1993 kamiyahfuller1993
  • 24-03-2020
  • Mathematics
contestada

Juan is deciding between two cars to purchase. Car a depreciates annually at a rate of 3.5%, while car b depreciates monthly at a rate of 0.32%. Which car is the better deal?

Respuesta :

preety89 preety89
  • 28-03-2020

Answer:

It is better to deal of car A.

Step-by-step explanation:

Depreciates rate of car A =  3.5% annually

Depreciates rate of car B = 0.32% monthly = 0.32 × 12 = 3.84 % annually

Depreciates rate of car A = 0.035

Depreciates rate of car B = 0.0384

Since the depreciate rate of car A is less than the  depreciate rate of car B.

So it is better to deal of car A.

Answer Link

Otras preguntas

What is the value of x?
Research one significant event in the history of wildlife management and discuss acts or plans that were put into action because of the event
simplify 4 to the second power ⋅ 4 to the 8th power 416 410 1616 1610
The Spanish seized the major civilization known as the ___ and took all of their silver and gold. Question 3 options: Vikings Incas Aztecs None of the above
estimate the sum by rounding to the nearest ten 94+76
Which analyst position analyzes information using mathematical models to help business managers make decisions?
Which cultural element denotes a strict adherence to the norms and values established in a society? A. ethos B. material culture C. ideal culture D. real cu
I need help!! I can't figure out how to find the answer. I think it might be A
The length of a rectangle is 3 times the width. If the perimeter is to be greater than 56 meter. What are the lossible values for the width?( use w as the width
What point the equation