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The value of a new 3500 sailboat decreases 10% per year. find its value after 1 year

The value of a new 3500 sailboat decreases 10% per year. find its value after 1 year
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The value of a new 3500 sailboat decreases 10% per year. find its value after 1 year

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User Mon Calamari
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1 Answer

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After one year, the sailboat has value 3500*((100-10)/100)=3500*.9=$3150.
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User Axiome
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