A boat costs $11,850 and decreases in value by 10% per year. How much will the boat be worth after 8 years?

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asked Feb 20, 2016 114k views

1 Answer

Smiksky · Answer 1 · 2016-02-24T02:29:45+0000

Find 10% of it, (£1185) then subtract 10% off each time ,do that 7 more times, Sorry if this is wrong.. its my first answer, im pretty sure its correct though :D

A boat costs $11,850 and decreases in value by 10% per year. How much will the boat be worth after 8 years?

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