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

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

User Phyzalis
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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


User Smiksky
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