Today, a boat is valued at $45,000. the value is expected to decrease at a rate of 8.5% each year. what is the value of the boat expected to be 3 years from now? a) 33,546.76 b) 35,475.65 c) 34,472.74 d) 34,364.67

Question:

Today, a boat is valued at $45,000. The  value is expected to decrease at a rate of  8.5% each year. What is the value of the boat expected to  be 3 years from now?

C.) 34,472.74

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step-by-step explanation:

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