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The value of a boat is $23,400. It loses 8% of its value every year. Find the approximate monthly percent decrease in value. Round your answer to the nearest hundredth of a percent.

NOT 67% OR 8.4!!!!

Respuesta :

Jasten

23400 x 8/100 = 1872 = the loss  

1872 : 12 = 156= the loss each month  

156/1872*100% = 8.33 % then round it

playerslayer0987

Answer:

23400 x 8/100 = 1872 = the loss  

1872 : 12 = 156= the loss each month  

156/1872*100% = 8.33 % then round it