Statistics/Probability
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A car was valued at $38,000 in the year 2003. The value depreciated to $11,000 by the year 2009. Assume that the car value continues to drop by the same percentage. What will the value be in the year 2013?
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The value of a new car decreases by 35% in the first year. If a car costs $9,800 when new, how much less would it be worth at the end of the first year?
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The table below shows the number of deaths in the U.S. in a year due to a variety of causes. For these questions, assume these values are not changing from year to year, and that the population of the United States is 312 million
asked by Jeff on April 26, 2016

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Gary learned that the value of his car depreciates by 15% per year. Which of the following functions best describes the value of his car the year after the car is worth m dollars? A. f(m) = 0.15m B. f(m) = 0.85m C. f(m) = 1 
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Jim has a 5yearold car in reasonably good condition. He wants to take out a $30,000 term (that is, accident benefit) car insurance policy until the car is 10 years old. Assume that the probability of a car having an accident in
asked by john on June 26, 2010 
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Jim Hunter decided to retire to Florida in 10 years. What amount should Jim invest today so that he will be able to withdraw $25,000 at the end of each year for 30 years after he retires. Assume he can invest money at 9% interest
asked by Anonymous on November 28, 2011 
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Jim buys only milk and cookies. a. In year 1, Jim earns $100, milk costs $2 per quart, and cookies cost $4 per dozen. Draw Jim's budget constraint.
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The average monthly payment on a new car is $523. The interest on a car loan is $8469 a year. The average monthly cost of gasoline is $146. Monthly maintenance and repairs is $99. Registration, fees, and taxes are $145 a year. The
asked by EL on March 27, 2020 
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3. A car cost $32 600 in the year 2001. By 2007, it is worth $12 295. By what percent did the car depreciate (decline in value) per year? 32600(1R)^6=12295 correct? r=?
asked by Anonymous on August 5, 2016 
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Kevin is trying to determine whether to lease or purchase a car. The purchase price is $42,000 and he has been approved for a 4 year loan with a 5.75% interest rate. He assumes the car's value will depreciate 8% each year, and he
asked by John Cortez on June 10, 2020 
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The table below shows the number of deaths in the U.S. in a year due to a variety of causes. For these questions, assume these values are not changing from year to year, and that the population of the United States is 312 million
asked by bao on November 13, 2016
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