If a boat with a value of $23, 000 depreciates at a rate of 18% per year, what is the value
after 5 years?

Answers

Answer 1

The value of the car after 5 years is 8527.02 dollars

How to find the value after depreciation?

Depreciation is the reduction in the value of an asset over time due to elements such as wear and tear. For example a car is said to "depreciate" in value after a discovery of a faulty transmission.

The value after 5 years can be found as follows:

Rate = 18% = 18 / 100 = 0.18

Initial Value  = $23,000

time = 5 years

Therefore,

y = 23000(1 + 18%)⁵

y = 23000(1 - 0.18)⁵

y = 23000(0.82)⁵

y = 23000 × 0.3707398432

y = 8527.0163936

y = 8527.02 dollars

Therefore, the value of the car after 5 years is 8527.02 dollars

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Answer 2

Using an exponential function, it is found that the value of the car after 5 years will be of $8,527.

What is an exponential function?

A decaying exponential function is modeled by:

[tex]A(t) = A(0)(1 - r)^t[/tex]

In which:

A(0) is the initial value.r is the decay rate, as a decimal.

For this problem, the initial cost and the decay rate are given as follows:

A(0) = 23000, r = 0.18.

Hence the value of the boat after t years is given as follows:

[tex]A(t) = A(0)(1 - r)^t[/tex]

[tex]A(t) = 23000(1 - 0.18)^t[/tex]

[tex]A(t) = 23000(0.82)^t[/tex]

The value after 5 years will be of:

[tex]A(5) = 23000(0.82)^5 = 8527[/tex]

The value of the car after 5 years will be of $8,527.

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Related Questions

The hospital in patient admission rate for employees of the ramsey

Answers

The computation shows that the the hospital in-patient admission rate for the employees of the Prendergast Corporation is 104.5 admissions per 1000 employees.

How to calculate the value?

The in-patient admission rate for Ramsey Manufacturing company = 100 admissions per 1000 employees.

It is given that the in-patient rate of Prendergast will be 10% higher than Ramsey's.

So, in-patient rate of Prendergast:

= 100 + 10% of 100

= 110 admissions

Now, it is also given that out of total in-patients, 5% are for tonsillectomies (which are not in-patient).

So, in-patient admission rate for Prendergast:

= 110 - 5% of 110

= 110 - 5.5

= 104.5 admissions per 1000 employees

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Complete question:

The hospital in-patient admission rate for employees of the Ramsey Manufacturing Company is 100 admissions per 1000 employees per year.

The Prendergast Corporation has older employees and is told that its hospital in-patient admission rate will be 10% higher than Ramsey’s. At the same time, however, all tonsillectomies will be done in the hospital’s outpatient department instead of requiring the patient to be admitted as an in-patient. Given that 5% of all in-patient admissions are for tonsillectomies, what is the hospital in-patient admission rate for the employees of the Prendergast Corporation?

A. 110.0 B. 115.0 C. 109.5 D. 100.0 E. 104.5 F. 117.0

help please I really need it​

Answers

A: right angle B: acute angle C: obtuse angle D: acute angle

Why is it important for the world to have an order of operations

Answers

Answer:

Well a sovial reason is that no one would no what order yo do it in, which would cause arguments

Answer:

without the order of operations, maths literally doesn't work.

Step-by-step explanation:

like whilst some equations don't rely on a particular order for solving, if you for example, don't solve brackets first, then try to multiply them by something else basically the equation breaks and you get the wrong answer. So... kids remember your BODMAS :)

Which of the following is the most accurate statement about Spatial Relations?
A- Children understand the spatial world watching movies about animals all over the world.
B- Children Need to know, use and be able to read spatial terms before they can demonstrate spatial awareness.
C-Spatial terms such as above, below, behind, and under are used to describe objects in space from different perspectives and are important for children to understand and express as they understand spatial relations.

Answers

Option C. The correct statement about spatial relationshipo is that Spatial terms such as above, below, behind, and under are used to describe objects in space.

What are spatial relationship?

These are the types of relationships that are used to relate objects to the location of somethings else. It makes use of words like under, above etc.

It is one of the knowledge that children need in the preoperational stage to learn how to use logical operations.

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The stemplot below represents the number of bite-size snacks grabbed by 10 students in an activity for a statistics class. A stemplot titled number of snacks. The stems are 1, 2, 3, 4. The first column of leaves is 5, 0, 2, 2. Column 2 is 6, 1, blank, blank, Column 3 is 6, 3, blank, blank. Column 4 is 7, blank, blank, blank, Column 5 is 9, blank, blank, blank. Key 2 slash 4 is a student who grabbed 24 snacks. What is the correct set of data for the stemplot? 15, 16, 17, 19, 20, 21, 23, 32, 42 15, 16, 16, 17, 19, 21, 23, 32, 42 15, 16, 16, 17, 19, 20, 21, 23, 32, 42 15, 15, 16, 17, 19, 20, 21, 23, 32, 42

Answers

The correct set of data are 15, 16, 16, 17, 19, 20, 21, 23, 32, 42.

According to the question

Using the key: 2|4 = 24, the following are the set of data represented by the stem-and-leaf plot showing:

Row one, 1| 5 6 6 7 9 :

This means there are 5 data set for the first row which are:

15, 16, 16, 17, 19

Row two, 2|0 1 3 :

There are 3 data here, which are:

20, 21, 23

Row 3, 3|2: = 32

Row 4, 4|2: = 42

So, The correct set of data are 15, 16, 16, 17, 19, 20, 21, 23, 32, 42.

Correct option is C.

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3. Consider the equation 2x² + 4y² + 8x - 16y + F = 0. Find all values of F such that the graph of the equation is a) an ellipse b) a point - ellipse​

Answers

The equation 2•x² + 4•y² + 8•x - 16•y + F = 0, at a value of F is the graph of an ellipse when we have;

a. A value of F that results in the equation of an ellipse is; F = 23

b. A point on the ellipse is ((-2), 2.5)

Which method can be used to find the value of F that gives the graph of an ellipse?

The equation of an ellipse can be presented as follows;

[tex] \frac{(x - h) ^{2} }{ {a}^{2} } + \frac{(y - k) ^{2} }{ {b}^{2} } = 1[/tex]

The given equation can be presented as follows;

2•x² + 4•y² + 8•x - 16•y + F = 0

Collecting like terms, gives;

2•(x² + 4•x) + 4•y² - 16•y + F = 0

Adding a constant value to both sides, we get;

2•(x² + 4•x + 4) + 4•y² - 16•y + 16 + F = 24

2•(x + 2)•(x + 2) + (2•y - 4)•(2•y - 4) + F = 24

2•(x + 2)² + 4•(y - 2)² + F = 24

2•(x + 2)² + 4•(y - 2)² + F - 23 = 24 - 23 = 1

When F = 23, we have;

2•(x + 2)² + 4•(y - 2)² + 23 - 23 = 1

2•(x + 2)² + 4•(y - 2)² = 1

Which gives;

[tex] \mathbf{\frac{(x + 2) ^{2} }{ \left( {\frac{1}{ \sqrt{2} }} \right)^{2}} + \frac{(y - 2) ^{2} }{ \left( {\frac{1}{ 2} } \right)^{2}} } = 1[/tex]

Where;

a = 1/(√2)b = 1/2

b) A point on the ellipse can be found as follows;

2•(x + 2)² + 4•(y - 2)² = 1

When x = -2

2•((-2) + 2)² + 4•(y - 2)² = 1

0 + 4•(y - 2)² = 1

y - 2 = √(1/4) = 1/2

y = 2 + 1/2 = 2.5

A point on the ellipse is therefore;

((-2) , 2.5)

When y = 2

2•(x + 2)² + 4•(2 - 2)² = 1

2•(x + 2)² + 0 = 1

2•(x + 2)² = 1

(x + 2)² = 1/2

x + 2 = √(1/2)

x = √(1/2) - 2

Another point on the ellipse is therefore;

((√(1/2) - 2), 0)

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The sum of the roots of the quadratic equation x^2 + 1=0 is equal to

Answers

Answer:

x² + 1 = 0

a = 1

b = 0

c = 1

[tex]x1.2 = \frac{ - b± \sqrt{ {b}^{2} - 4ac } }{2a} [/tex]

[tex]x1.2 = \frac{ - 0 ±\sqrt{ {0}^{2} - (4.1.1) } }{2.1} [/tex]

[tex]x1.2 = \frac{0± \sqrt{0 - 4} }{2} [/tex]

[tex]x1.2 = \frac{± \sqrt{ - 4} }{2} [/tex]

There is no real solution because the discriminant is negative

Note.

Formula diskriminan

√b² - 4ac.

if the diskrimanan is negatif, so the quadratic equatoin dont have solution

A rock is dropped from a height of 100 feet. Calculate the time between when the rock was dropped and when it landed. If we choose "down" as positive and ignore air friction, the function is h (t) = 36t2 - 64
t= 3.56 seconds
t= 1.78 seconds
t= 1.33 seconds
t= 8 seconds

Answers

The time it takes between when the rock was dropped and when it landed is 1.33 seconds.

What is the time it takes for the rock to land?

The time it takes the rock to land on the ground from where it is dropped can be determined by using the function given.

The height of the function when it hits the ground will be zero, so the function can be written as:

[tex]\mathbf{h(t) =36t^2 -64}[/tex]

[tex]\mathbf{0 =36t^2 -64}[/tex]

64 = 36t²

[tex]\mathbf{t^2 = \dfrac{64}{36}}[/tex]

t² =1.778

[tex]t = \sqrt{1.778}[/tex]

t = 1.333 seconds

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Can someone answer this for me

Answers

The linear equation graphed is given by:

y - 5 = 3(x - 1).

What is a linear function?

A linear function is modeled by:

y = mx + b

In which:

m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.b is the y-intercept, which is the value of y when x = 0, and can also be interpreted as the initial value of the function.

In point-slope form, considering a point [tex](x_0, y_0)[/tex], the equation is:

[tex]y - y_0 = m(x - x_0)[/tex]

The line goes through points (0,2) and (1,5), hence the slope is:

m = (5 - 2)/(1 - 0) = 3.

Since the line goes through point (1,5), the equation is:

y - 5 = 3(x - 1).

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IM IN A HURRY PLEASE HELP ME QUESTION IS DOWN BELOW WORTH 15 POINTS each

Answers

If the radius of the circle is 5 m and angle subtended by arc LKM is 70° then the length of the arc LNM is 25.29 m.

Given that the radius of the circle is 5 m and angle subtended by arc LKM is 70°.

From the figure given we can estimate that the length of arc LNM can be circumference of circle subtracted by length of arc LKM.

Circulference of the circle is basically the length of whole arc of the circle. It is also know as perimeter of the circle. The formula of calculating circumference of a circle is 2πr in which r is the radius.

So,

length of arc LNM=Circumference of circle-length of arc LKM.

We know that length of an arc =Θr

in which Θ is the angle in radian.

length of arc=70*π[tex]/180*5[/tex]

=70π[tex]/36[/tex]

Circumference of circle=2π*5

=10π

Length of arc LNM=10π-70π[tex]/36[/tex]

=(360π-70π)[tex]/36[/tex]

=290π[tex]/36[/tex]

Put π=3.14

=290*3.14[tex]/36[/tex]

=910.6[tex]/36[/tex]

=25.29m

Hence the length of arc LNM is 25.29 m.

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A polynomial function g(x) has a positive leading coefficient. Certain values of g(x) are given in the following table. x –4 –1 0 1 5 8 12 g(x) 0 3 1 2 0 –3 0 If every x-intercept of g(x) is shown in the table and each has a multiplicity of one, what is the end behavior of g(x)?

Answers

Using the Factor Theorem and limits, the end behavior of g(x) is that the function decreases to the left and increases to the right.

What is the Factor Theorem?

The Factor Theorem states that a polynomial function with roots [tex]x_1, x_2, \codts, x_n[/tex] is given by:

[tex]f(x) = a(x - x_1)(x - x_2) \cdots (x - x_n)[/tex]

In which a is the leading coefficient.

Considering the table, the roots are given as follows:

[tex]x_1 = -4, x_2 = 5, x_3 = 12[/tex]

Hence the function is:

f(x) = a(x + 4)(x - 5)(x - 12).

f(x) = a(x² - x - 20)(x - 12)

f(x) = a(x³ - 13x² - 32x + 240).

When x = 0, y = 1, hence the leading coefficient is found as follows:

240a = 1

a = 0.004167

Then:

f(x) = 0.004167(x³ - 13x² - 32x + 240).

The end behavior is given by the limits of f(x) as x goes to infinity, hence:

[tex]\lim_{x \rightarrow -\infty} f(x) = \lim_{x \rightarrow -\infty} 0.004167 x^3 = -\infty[/tex].[tex]\lim_{x \rightarrow \infty} f(x) = \lim_{x \rightarrow \infty} 0.004167 x^3 = \infty[/tex].

Hence the end behavior is that the function decreases to the left and increases to the right.

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Find u. v.
U V=
(8, 2)
= (-6, 3)
U =
V =

Answers

Answer:

-42

Step-by-step explanation:

Assuming you want the dot product,

(8)(-6)+(2)(3)= -42

y varies indirectly as the square of x. if y=8 when x=4, find y when x=8

Answers

Given that, y varies indirectly as the square of x, the value of y when x equal 8 is 2.

What is the value of y when x equal 8?

Indirect variation is expressed as;

y ∝ 1/x

Given that;

y ∝ 1/x²

y = k/x²

Where k is the proportionality constant.

Given that;

y₁ = 8x₁ = 4x₂ = 8y₂ = ?

First, we determine the proportionality constant.

y = k/x²

8 = k/4²

8 = k/16

k = 128

Now, we find y when x = 8

y = k/x²

y = 128 / 8²

y = 128 / 64

y = 2

Given that, y varies indirectly as the square of x, the value of y when x equal 8 is 2.

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Find the ratio of 700m to 2 km​

Answers

Answer:

7 : 20

Step-by-step explanation:

2km = 2000m

Then the ratio of 700m to 2 km​ is :

700 / 2000

Then the ratio in simplest form is :

7 / 20

2 km can be equal to 2000 m
and in order to find the ratio
dividing 700 by 2000
=> 700/2000 = 700:2000
=> 7:20

I don’t know the answer for question number 1

Answers

The area of QOR from the given diagram is 2π square centimeters

How to calculate the area of a sector

A sector is said to be a part of a circle made of the arc of the circle along with its two radii.

The formula for calculating the area of a sector is expressed as;

A = r²β/2

where

r is the radius of the circle

β is the angle subtended

Given the following parameters

<QOR = 180 - <POQ

<QOR = 180 - 135

<QOR = 45 degrees

Determine the radius

L = rβ

π = r(π/4)

1 = r/4

r =  4

Determine the area of QOR

Area = 4²(π)/8

Area = 2π

Hence the area of QOR from the given diagram is 2π square centimeters

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A company's year-end data shows the following amounts. Current assets $65,000 Current liabilities $25,000 Net income $7,500 Net sales $125,000 Total assets $150,000 Based on this information, what is the company's current ratio?

Answers

The company's current ratio is 2.6.

What is the current ratio?

Current ratio is an example of a liquidity ratio. Liquidity ratios are financial ratios measure a firm's ability to honour its short terms obligations.

Current ratio = current asset /current liability

$65,000 / 25,000 = 2.6

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if x was 4, what is the value of 4x + 3

Answers

Answer:

19

Step-by-step explanation:

4(4)+3

16+3=19

Answer:

19

Step-by-step explanation:

4x+3

4(4)+3

16+3

19

hope it helps

the ammount of time between interest payments is know as

Answers

The amount of time between interest payments is know as period.

What is period?

Period is the time between when interests are paid. Period can vary depending on the terms of the investment. Periods can be yearly, quarterly, semi-annually, biweekly or weekly.

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Help would really be needed asap!

Answers

Answer:

C

Step-by-step explanation:

For lines AC and EF, line FC is a transversal.

Angles ACF and EFC are same side interior angles.

Since their measures add to 180°, then the lines are parallel.

Answer: Choice C

Complete this activity.

If the first element of the following pairs of numbers is a measure of hours and the second element is a measure of distance in miles, write an equation for D.

B = {(t, D ): (1, 50), (2, 100), (3, 150), . . .}

D =

t /2
50 t
50/ t

Answers

Answer:

D = 50t

Step-by-step explanation:

we see, with every additional hour the distance increases by 50.

that means in general that the number of hours are multiplied by 50 to get the distance.

in other words, this just calculates for a vehicle going constantly 50 miles per hour the distance it is traveling.

Find the value of x. (5x-40) (5x)

the first equation is inside the triangle at the bottom left but "5x" is at the bottom right on the outside of the triangle.

Answers

The value of x is 22

How to solve for x?

Based on the description in the question,

The angles 5x -40 and 5x are angles on a straight line

So, we have:

5x - 40 + 5x = 180

Evaluate the like terms

10x = 220

Divide by 10

x = 22

Hence, the value of x is 22

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Identify the correct trigonometry formula to solve for x

Answers

The correct trigonometry formula to solve for x in the right angled triangle is sin(62°) = 18 / x

What is an equation?

An equation is an expression that shows the relationship between two or more variables and numbers.

Trigonometric ratio is used to show the relationship between the sides and angles of a right angled triangle.

Hence:

sin(62°) = 18 / x

The correct trigonometry formula to solve for x in the right angled triangle is sin(62°) = 18 / x

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The day you were born your Grandparents started to save money for your future education. They decided to deposit $3,000 at the end of each year, for eighteen years, in a savings account that pays 7.5% per year, compounded annually.

On your 19th birthday you get admission into university for a four-year degree course. You calculate that you require approximately $35,000, for your fees, books and living expenses for each year. Assuming you keep the money in the bank accruing the same interest, and withdraw $ 35,000, at the beginning of each year.

a) Calculate the total value of this investment at the end of the term?

b) Determine the total interest earned?

Will your inheritance last you for the full tenure of your four years at the university?

Answers

The total value of the investment is $107,032.16.

The total interest earned is $53,032.16

The inheritance would last the tenure of the university.

What is the total value of the investment?

The formula that can be used to determine the future value of the 18-year annuity is: annuity factor x amount deposited yearly

Annuity factor = {[(1+r)^n] - 1} / r

Where:

r = interest rate n = number of years

$3000 x [(1.075^18 - 1) / 0.075] = $107,032.16

Amount deposited in the course of 18 years = (3000 x 18) = 54,000

Interest earned = 107,032.16 - 54,000 = $53,032.16

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what’s the equation of this line?

Answers

Answer:

Step-by-step explanation:

Hello : let A(0,-6) B(8,-8)

the slope is : (YB - YA)/(XB -XA)

(-8+6)/(8-0) = -2/8=-1/4

an equation is : y=ax+b a is a slope

y = (-1/4)x +b

the line through point A (0;-6) : -6 = (-1/4)(0)+b

b = -6            the equation is : y =(-1/)4x-6

A retailer buys a table costing £95 and sells it for £114 what is the name percentage change

Answers

Answer:

20% increase

Step-by-step explanation:

To find the percent increase, use this formula

New value - original value

----------------------------------------

original value

114-95

-----------

95

19

---- = .2

95

.2 is 20%, so it is a20% increase

A tennis ball can in the shape of a right circular cylinder holds six tennis balls snugly. If the radius of a tennis ball is 3.4 ​cm, what percentage of the can is not occupied by tennis​ balls?

Answers

The percentage of the can that is not occupied by tennis​ balls is 33.33%.

Percentage

Given:

Radius of cylinder=3.4cm

First step

Height of cylinder=3.4×2×6

Height of cylinder=40.8 cm

Second step

Volume of cylinder=(3.4)^2×40.8

Volume of cylinder=471.648

Volume of tennis=6×4/3×(3.4)^3

Volume of tennis=314.432

Third step

Percentage=471.648-314.432/471.648×100

Percentage=33.33%

Therefore the percentage of the can that is not occupied by tennis​ balls is 33.33%.

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a mother is 25 years older than her son.
Write down the son's age and the mother's age

Answers

Answer:

mother age 37

sons age 12

Write the expression in terms of sine and cosine, and then simplify so that no quotients appear in the final expression.
csc ß- sin ß
Choose the correct answer below.
OA. 1
B. cos ßcot B
OC. sin²B
OD. 1-sin² B
OE. sin² ßtan² ß
OF. cos B
...

Answers

Using trigonometric identities, the simplified expression, without quotients, is given as follows:

A. [tex]\cos{\beta}\cot{\beta}[/tex]

Which trigonometric identities are used to solve this question?

The cosecant of an angle is given by one divided by the sine of the angle, hence:

[tex]\csc{\beta} = \frac{1}{\sin{\beta}}[/tex]

The sine and the cosine of an angle are related as follows:

[tex]\sin^2{\beta} + \cos^2{\beta} = 1[/tex]

[tex]\cos^2{\beta} = 1 - \sin^2{\beta}[/tex]

The cotangent of an angle is:

[tex]\cot{\theta} = \frac{\cos{\theta}}{\sin{\theta}}[/tex]

Which is the simplified expression?

The expression given is:

[tex]\csc{\beta} - \sin{\beta}[/tex]

Simplifying the cosecant:

[tex]\csc{\beta} - \sin{\beta} = \frac{1}{\sin{\beta}} - \sin{\beta} = \frac{1 - \sin^{2}\beta}{\sin{beta}}[/tex]

Then, applying the last two identities in the subsection above to remove the quotient, the simplified expression will be found as follows:

[tex]\frac{1 - \sin^{2}\beta}{\sin{beta}} = \frac{\cos^2{\beta}}{\sin{\beta}} = \frac{\cos{\beta}}{\sin{\beta}} \times \cos{\beta} = \cos{\beta}\cot{\beta}[/tex]

Hence option A is correct.

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To calculate the area of this shape, you would identify the known figures and add their individual areas together.
However, the half circle is unlike the other known figures in this unknown shape in that it TAKES AWAY from the total area. How should you handle its area when
calculating the total area of the unknown figure?

Answers

When calculating the total area of this unknown figure, you should use (π - r²)/4 for the area of both the semicircle (half circle) and the larger square.

How to determine the total area?

By critically observing this unknown figure, we can logically deduce that it comprises a semicircle, squares, a rectangle and a triangle. Thus, its total area should be calculated by adding the area of each of the geometric figures together.

Total area = A₁ + A₂ + A₃ + A₄

However, you should take note that the diameter of the semicircle (half circle) is equal to the side length of the larger square.

Area of a semicircle = πr²/4

Thus, the total area of both the semicircle (half circle) and the larger square is given by:

Area = πr²/4 - d²

Note: d = 2r

Area = πr²/4 - (2r)²

Area = πr²/4 - 4r²

Area = (π - r²)/4 sq. units.

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(SAT prep) Find the value of x in each case of the following exercises:

Answers

The value of x from the figure is 70°

How to determine the value

It is important to note that alternate angles are equal and angles in a triangle sum up to 180°

We then have that,

x + 50 + 60 = 180 °

x + 110 = 180°

Make 'x' subject

x = 180 - 110

x = 70 °

Thus, the value of x from the figure is 70°

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Other Questions
Tommie and Alethea plant a summer garden in their backyard. Alethea plants 3 rows of carrots for every 1 row of pepper plants. If Alethea plants 9 rows of carrots and Tommie plants twice that amount, who plants twice that amount, who plants more rows of pepper plants?HELPPPP cual es el nmero de una deuda de $80.000 These colonist did not take sides about claiming independence or staying loyal to Britain.1. patriots2. separatists3. loyalists4. neutralistsWhich one I wrote my last question wrong. What's 4w^2 if the w = 3? India receives to types of Monsoons, what are they? * Write a summary of Andrew Jackson 1-I did my homework last night. What2-He went to the cinema yesterday. Where3-My sister phoned me last Friday. When4-Sally was in the office yesterday. Where5-My parents were at home.Where6-He didn't come to the party.Why7-They arrived at one o'clock. What time8-I bought a new car last week. What9-I bought a new car last week. When10-Anne was tired yesterday.How????????? Which of the following would NOT have been a Jim Crow law enacted after Reconstruction in the South?Alaws prohibiting stores from selling alcohol on certain days of the weekBlaws requiring railroads to provide racially segregated passenger rail carslaws prohibiting a white person from marrying an African American personDlaws segregating students in public schools based on the students' ethnicities Which THREE statements describe how to find the product of 5103? 18:30 as a ratio simplified, please :)) How did diffusion of the perfume change with an increase of concentration Which amendment deals with finding witnesses to testify on your behalf in court? Which operation should you perform first when you simplify the expression below?85+ (9-25.5) 3A: addition B:subtractionC:multiplicationD:division what is this pls help .... y - x = 28y + x + 156 3: What valuable resource does Wakanda have that they worked to keep safe? Which disease of the excretory system do you think is most likely to affect people your age? Explain your answer Which sentence should NOT be included in an objective summary of this speech?(1) In the speech, Life isnt Fair- Deal With It, by Mike Myatt, he discusses the choices we have in our lives as we get older. (2) He explains that we do not have control of our circumstances like when and where we are born, but we can overcome our situations by taking control of our own lives and focusing on the outcomes that we want. (3) While many people worry about having fairness, they should really think about making good choices. (4) Rule number six states that if you mess up, its not your parents fault, so dont whine about your mistakes, learn from them. (5) People can overcome situations that are outside of their control by taking control of the choices they make. (6) The idea of fairness for everyone cannot be managed and guaranteed by laws. (7) Leaders who try to promise and provide fairness will end up creating limits and mediocrity. Please I need this Due Date is Tomorrow What motivated Lawrence to accept the risk of acquiring and organizing resources to start a hot sauce business?