# SOLUTION: The value of a new \$3500 sailboat decreases 10% per year. Find its value after 1 year.

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 Click here to see ALL problems on Trigonometry-basics Question 148604: The value of a new \$3500 sailboat decreases 10% per year. Find its value after 1 year. Found 2 solutions by mangopeeler07, jojo14344:Answer by mangopeeler07(462)   (Show Source): You can put this solution on YOUR website!Find 10% of 3500 Cross multiply: Divide both sides by 100 Subtract that from 3500 Value after 1 year=\$3150 Answer by jojo14344(1512)   (Show Source): You can put this solution on YOUR website!We can use expression: per year-------- working equation So, \$3150, value after 1 year Thank you, Jojo