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Jinasosa
Jinasosa Jinasosa
  • 06-01-2017
  • Mathematics
Answered

You decide to buy a boat that cost $8550. The normal depreciation for such a boat is 17% per year. If you pay for the boat with a 5 year loan, how much less will the boat be worth after your paid off the loan?

Verified Answer :

renny22002
renny22002 renny22002
  • 06-01-2017

$5,182.12
or
$
3,367.88

I think it's one these two.

Answer Link

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