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 sound waves used for sonar are _____.
Ben made some apple pies. For every 4 cups of butter, he added 3 cups of water. The ratio of butter to water in Ben's apple pies is ____.
The equation below is a vertical line. x = − 10 true or false?
Geometry Proof - Thanks in advance for the help!
The measure of a single angle in a regular octagon is (4x + 12)°. Find the value of x.
Can someone please help everything's in the picture.
48.8 into a percent
(12 points) Which of the following is a tangible incentive for good team performance A. An early lunch B. A gift card to a local resturant C. A day off D. Ve
What does an appositive do in a sentence? A) emphasize a nearby adjective B) identify a nearby noun or pronoun C) give more information about a nearby adverb
Is 120 divisible by 4?