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Mathematics, 16.03.2020 18:07 KalistaBab

Joe buys a new boat for $45000. It depreciates 23% a year. How much will the boat be worth after 5 years? Which of the following formulas is appropriate to use for this situation ?

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Joe buys a new boat for $45000. It depreciates 23% a year. How much will the boat be worth after 5 y...
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