A boat purchased for $25,000 depreciates exponentially. After one year, the car is valued at $20,000. How fast is the value of

Question

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

Kunduz · Accepted Answer

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