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3 years ago

3

The value of a boat is $23,400. It loses 8% of its value every year. Find the approximate monthly percent decrease in value. Rou

nd your answer to the nearest hundredth of a percent.
(NOT 67%)

2 answers:

goldfiish [28.3K]3 years ago

4 0

Its not 67%
It is 0.666666667

Ahat [919]3 years ago

3 0

23400 x 8/100 = 1872 = the loss
1872 : 12 = 156= the loss each month
156/1872*100% = 8,33 % then round it

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