AchrafAmam AchrafAmam

05-05-2020
Mathematics

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NEED HELPP ASAP! WILL MARK BRAINLIEST. A new Speed boat costes $33,000. the value decreses by 12% each year. Determine the boat value after 6 years. THANKSS!

Respuesta :

mathstudent55 mathstudent55

05-05-2020

Answer:

$15,325.33

Step-by-step explanation:

This is expressed by exponential decay.

y = a(1 - r)^x

y = 33,000(1 - 0.12)^6

y = 33,000(0.88)^6

y = 15,325.33

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