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28 October, 22:34

A boat costs $10,300 and decreases in value by 12% per year. How much will the boat be worth after 11 years?

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  1. 29 October, 00:06
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    10300 x (1-0.12) ^11

    10300 x 0.88^11

    10300 x 0.245080858 =

    it will be worth : $2524.33
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