# A boat costs $16,600 and decreases in value by 14% per year. How much will the boat be worth after 11 years? A.$2,717.00 B.$3,159.30 C.$16,446.00 D.$70,155.46

(1) Answers

16600(1-.14)^11 =16600*.86^11 =16600*.19031935784 = B. $3159.30

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