If a boat depreciates in value according to the simple interest formula y=20,000(.92)^2 find the rate of decay. write as a percentage!

Rate of Decay = 8%

Step-by-step explanation:

The decay formula is:

Where F is the final value (here, it is given as "Y")

P is the initial value (here, given as 20,000)

r is the rate of decay (what we need to find)

t is the time (given as 2)

Comparing both the equations:

We see that:

1 - r  =0.92

We solve for "r":

1 - 0.92 = r

0.08 = r

The rate of decay is 0.08, as a percentage, we need to multiply by 100, so we have:

0.08 * 100 = 8%

Rate of Decay = 8%

actually your concept is wrong

step-by-step explanation:

150% of x =300

150x=300×100

x=(300×100)÷150

x=200

134.6 us dollars

step-by-step explanation:

1 us dollar = 1.33 canadian dollars

so, 150 us dollars = 150 × 1.33 = $199.5.

in canada, the money mitchell spent = 20 canadian dollars.

remaining canadian dollars with him = 199.5 - 20 = 179.5.

after mitchell returned to us, he exchanged the remaining canadian dollars to us dollars.

179.5 canadian dollars = 179.5 × 0.75 = 134.6 us dollars.