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19 March, 19:09

A boat costs $11850 and decreases in value by 10% per year. How muxh will the boat be worth after 8 years?

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  1. 19 March, 19:27
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    X = 11850 * (1-0.10) ^8

    x=11850*0.43046721

    x=5101.04

    boat will be worth $5,101.04 after 8 years
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