Anonymous
Anonymous asked in Science & MathematicsMathematics · 3 months ago

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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  • 3 months ago
    Best 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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