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A boat was bought for $55,650 if after four years the boat was only worth 39,000 what was the Percent decrease in price

Respuesta :

55,650-39000= 16650
16650/55650 times 100 = 29.919137 %
which is approximately = 30%
First subtract 55,650 from 39,000 would equal 16,650

Next have 55,650/16,650 multiply by 100 equaling 29.9%

Finally round up/simplify to 30%

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