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A boat costs $19,400 and decreases in value by 6% per year. How much will the boat be worth after 6 years?

$27,519.27

$12,580.47

$13,383.47

$19,364.00

 Feb 16, 2023
edited by Guest  Feb 16, 2023
 #1
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100%  -  6% ==94%

 

19,400  x  0.94^6 ==

19,400  x  0.689869781056 ==$13,383.47 - value of the boat after 6 years.

 Feb 16, 2023

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