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Vsevolod [243]
3 years ago
12

A boat costs $19,200 and decreases in value by 12% per year. How much will the boat be worth after 5 years?

Mathematics
1 answer:
Fiesta28 [93]3 years ago
3 0
I = Prt
I = ($19,200)(12%)(5)
I = $11,520

The boat would cost $11,520 in 5 years.
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