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OpenStudy (anonymous):
A sailboat depreciates at 15% of its original value each year. If the sailboat was $9500 at its time of purchase, what is the value of the sailboat after 7 years?
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OpenStudy (anonymous):
15% is 1425 each year so 1425x7=9975 idk why i got this answer i wish u can have this answer correct this time
OpenStudy (accidentalaichan):
\[(9500 \times 0.15)^{7}\] $3,045.48
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