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Coach Smith purchased a fishing boat for $15,000, and the value of the boat depreciates at 18% per year. How much will the boat be worth after 8 years?

Coach Smith purchased a fishing boat for $15,000, and the value of the boat depreciates at 18% per year. How much will the boat be worth after 8 years?
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3 votes
Coach Smith purchased a fishing boat for $15,000, and the value of the boat

depreciates at 18% per year. How much will the boat be worth after 8 years?

User Ignas R
by
7.8k points

1 Answer

5 votes

Answer:

$3066

Explanation:

User Drumbeg
by
8.0k points
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