You decide to buy a boat that cost $8550. The normal depreciation for such a boat is 17% per year. If you pay for the boat with a 5 year loan, how much less will the boat be worth after your paid off the

You decide to buy a boat that cost $8550. The normal depreciation for such a boat is 17% per year. If you pay for the boat with a 5 year loan, how much less will the boat be worth after your paid off the loan?

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You decide to buy a boat that cost $8550. The normal depreciation for such a boat is 17% per year. If you pay for the boat with a 5 year loan, how much less will the boat be wor…

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