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In Mathematics / College | 2025-08-20

If a new boat was purchased for $45,000, and the value of the boat decays continuously at a rate of 8% per year, what is the value of the boat after 7 years? Use the formula [tex]A(t)=c e^{r t}[/tex].

Asked by hrstone79

Answer (2)

you times 230.00 dollars and 0.55 and then your answer is 126.50 , then you subtract 230.00 dollars and 126.50 and then your answer is 103.50 , then you times 103.50 and 0.10 and then your answer is 10.35 and then you do finally is subtract 103.50 and 10.35 and then your get 93.15 and your answer is 93.15

Answered by babbylover | 2024-06-24

The sport coat originally priced at $230.00 will cost $93.15 after applying a 55% discount and an additional 10% off coupon. First, the sale price is calculated as $103.50, and then the 10% coupon discount of $10.35 is subtracted. Thus, the final amount to be paid is $93.15.
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Answered by babbylover | 2024-10-10