a boat cost 12,050 and decreases in value by 12% per year. How much will the boat be worth after 9 years
Answers
Cost = 12,050
depreciation rate = 12%
year beginning value dep.rate depreciation ending value
1 12,050.00 12% 1,446.00 10,604.00
2 10,604.00 12% 1,272.48 9,331.52
3 9,331.52 12% 1,119.78 8,211.74
4 8,211.74 12% 985.41 7,226.33
5 7,226.33 12% 867.16 6,359.17
6 6,359.17 12% 763.10 5,596.07
7 5,596.07 12% 671.53 4,924.54
8 4,924.54 12% 590.94 4,333.60
9 4,333.60 12% 520.03 3,813.56
The boat will be worth $3,813.56 after 9 years.
Depreciation = beginning cost x depreciation rate
Ending cost = beginning cost - depreciation
Depreciation is the wear and tear of an object that decreases its value.
Related Questions
Round 529 to two significant figures
What is the common ratio of the geometric sequence: -1/12.-1/2,-3,18,...
The Social Security (FICA) wage base ,y, (in thousands of dollars) from 1983 to 1988 is given by the equation y=1.9x+34.1, where x is the number of years since 1983. What was the FICA wage base in 1995? (A) $48,200 (B) $53,100 (C) $56,900 (D) $58,800
Given the function y = 3x + 5, find the range if the domain is {-4, -1, 2, 5}
Answers
You:-
117.60 ÷ 14 = 8.40
you earn $8.40 per hour.
CHECK OUR WORK:-
8.40 × 14 = 117.60
We were RIGHT!!
Ty:-
148.50 ÷ 18 = 8.25
Ty earns $8.25 per hour.
CHECK OUR WORK:-
8.25 × 18 = 148.50
We were RIGHT!!!
Kim:-
137.60 ÷ 16 = 8.60
Kim earns $8.60 per hour.
CHECK OUR WORK:-
8.60 × 16 = 137.60
We were RIGHT!!!
Money each person earns per hour:-
You:- $8.40
Ty:- $8.25
Kim:- $8.60
So, Kim has the highest pay rate in dollars per hour ($8.60).
Hope I helped ya!!
Answers
Answer:
Step-by-step explanation:
Shureka Washburn has score of 72,67,82, and 79 on her algebra test.
Let x be the score on the final exam.
=>
=>
=>
=>
=>
=>
300/4=75
300+81+81=462
462/6=77
ANSWER X MUST BE GREATER THAN OR EQUAL TO 81
B) 57°
C) 139°
D) 196°
Answers
Answer:
A) 16° Is the right answer
Step-by-step explanation:
Answers
Answer:
It is 22.5
Step-by-step explanation:
add up all they shaded parts:
22.5 x 4 = 90 degrees
as each unshaded part is three times more then you do 22.5 x 3 for one part
22.5 x 3 = 67.5 degrees
then times by four because there is four unshaded sections.
67.5 x 4 = 270 degrees
270 + 90 = 360 degrees and there is 360 degrees in a circle so 22.5 degrees is the correct answer.
Answer:
22.5
Step-by-step explanation:
cause
Answers
Answer:
2
Explanation:
Semiannual means twice a year.
(Ap3x)