Question:
A boat purchased for $25,000 depreciates exponentially.
Last updated: 7/9/2022
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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 year B. Decrease $8001 per year C. Increase $3730 per year D. Increase $8001 per year