rubiosaints69 rubiosaints69
  • 01-05-2020
  • Mathematics
contestada

In 2012 William bought a new boat for $28,500 if the value of the boat declined by 8% each year find the value of the boat in 2018

Respuesta :

jacobnguyen53 jacobnguyen53
  • 01-05-2020

Answer:

$17,281.12

Step-by-step explanation:

28,500 * (.92)^x

x - amount of years after 2012

.92 - 100-8 = 92 which is the percent of the price the previous year

Calculator needed.

28,500 * .92^6

28,500 * ~.60636

17,281.1175383

Round up to 17,281.12

Answer Link

Otras preguntas

what is an effective ending???
a 14 ounce energy drink contains 10 1/2 teaspoons of sugar. How much sugar is in one ounce of the drink?
Giants and dwarfs are believed to be _________stars (Old or Young).
What evidence from the text suggests that Macbeth is prepared to die? a. "Curses, not loud but deep, mouth-honor, breath / Which the poor heart would fain deny
Forensic soil analysis does not require much extra experience or training. a. True b. False
Which of the following is not considered a COPD related disease? a. Bronchiectasis b. Bronchial asthma c. Bronchitis d. Bronchial hypotension
In 1824, Mexico became a monarchy a republic a autocracy a communist state
18. Which sentence in the paragraph is the topic sentence? (1) There's no doubt that Springdale needs a new high school. (2) The old Washington High School o
This statement is objective: 6:30 a. m. is far too early for school to start. true or false
Who is the first President?