DariusWhitemore DariusWhitemore

30-06-2015
Mathematics

Answered

A boat costs $19,200 and decreases in value by 12% per year. How much will the boat be worth after 5 years?

Verified Answer :

Panoyin Panoyin

01-07-2015

I = Prt
I = ($19,200)(12%)(5)
I = $11,520

The boat would cost $11,520 in 5 years.

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