A boat purchased for $25,000 depreciates exponentially. After one year, the car is valued at...
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A boat purchased for $25,000 depreciates exponentially. After one year, the car is valued at $20,000. How fast is the value of the boat depreciating after two years?A. Decrease $3730 per yearB. Decrease $8001 per yearC. Increase $3730 per yearD. Increase $8001 per year
A boat purchased for $25,000 depreciates exponentially. After one year, the car is valued at $20,000. How fast is the value of the boat depreciating after two years?A. Decrease $3730 per yearB. Decrease $8001 per yearC. Increase $3730 per yearD. Increase $8001 per year
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