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

The wavelength of red light is 650 nanometers. how much bigger is the wavelength of a water wave that measures 2 meters?
. How did Herbert Spencer’s belief in the survival of the fittest influence his views of social unrest?
Which is the most accurate description of a historiographer?
High triglyceride levels in the blood can be a indicator of?
What is it called when an actor plays multiple character in one scene?
When did the French begin to settle colonies in North America?
English question down below
In 1912, chemist Fritz Haber developed a process that combined nitrogen from the air with hydrogen at high temperatures and pressures to make ammonia. Specifica
what is the radius for 439.6 circumference
What of the following is an advantage of a presidential government