Question

A boat costs $17,200 and decreases in value by 13% per year. How much will the boat be worth after 7 years?

Answer 1

13% × 17,200 =

(13 ÷ 100) × 17,200 =

(13 × 17,200) ÷ 100 =

223,600 ÷ 100 =

2,236

7 more times