Question

WILL MARK YOU AS BRAINLIEST!!
The value of a boat is $21,200. It loses 6% of its value every year. Find the approximate monthly percent decrease in value. Round you
answer to the nearest hundredth of a percent.

Answer 1

Answer

i guess it is

21000* 6/100

hope it helps

Answer 2

Answer: Since the boat decreases 6% PER YEAR in value,

then 1/12 of 6% is the percentage the boat decreases in value for one month.

.06/12 = .005

Rounding to the nearest HUNDREDTH OF A PERCENT,

.50 %

Step-by-step explanation: