Anonymous

# calc question?

You decide to purchase a brand new boat for $18 comma 000. You sell it 8 years later for its worth of $7500. Assuming the boat’s value depreciates linearly, how much was it worth 4 years after you bought it?

### 1 Answer

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- billrussell42Lv 73 months agoBest Answer
18000 – 7500 = 10500 depreciation

$10500 / 8 years = 1312.5/year

1312.5/year x 4 years = $ 5250 depreciation

18000 – 5250 = $12750 value

easier:

since 4 is half of 8, just split the difference between 18k and 7.5k

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