If the boat initially cost $11850 and INCREASED in value by 10% per year, we'd calculate the final value like this:
V = $11850(1+0.10)^8
But if the boat is losing value (depreciating) over time, we'd calculate its final value like this:
V = $11850(1-0.10)^8 = $11850(0.90)^8 = $11850(0.4305) = $5101.04 (answer)
Answer:
Its Either 3% Or 7% Pretty Sure Its 7% Because of Tax Stuff
Step-by-step explanation:
Answer:
do you mean in simplest form
if so then it is 2:3
if not then 6
Step-by-step explanation:
Answer:
1.85%
Step-by-step explanation:
→ Find the difference between the actual and predicted
5.5 - 5.4 = 0.1
→ Divide answer by 5.4
0.1 ÷ 5.4 = 0.01851851851
→ Multiply answer by 100
0.01851851851 × 100 = 1.85%