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You bought a wake board boat 4 years ago for $45,000. The boat's value depreciates by 10%

per year.

2 Answers

6 votes
1st Year: 4,500 / 45,000/10
2nd Year: 2,250 / 45,000/20
3rd Year: 1,500 / 45,000/30
4th Year: 1,125 / 45,000/40
You add ten percent for every year

Hope this helps!
User Chris Peacock
by
3.6k points
2 votes

Answer:

it would be about $18000 in value

Explanation:

:)

User Simon Hellinger
by
3.0k points