Answer :
The worth of the boat of Maya which goes for 15% deprication this year at the end of the first year of purchase, with the considered purchase price, is $15,589
How to find the percentage from the total value?
Suppose the value of which a thing is expressed in percentage is "a'
Suppose the percent that considered thing is of "a" is b%
Then since percent shows per 100 (since cent means 100), thus we will first divide the whole part in 100 parts and then we multiply it with b so that we collect b items per 100 items(that is exactly what b per cent means).
Thus, that thing in number is
[tex]\dfrac{a}{100} \times b[/tex]
Deprecated price = Initial price- amount of deprication
We have:
Initial price = $18,340
And the amount of deprication = 15% of $18,340
= [tex]\dfrac{18340}{100} \times 15 = 2751 \: \rm dollars[/tex]
(as deprication on first year was by 15% of the original price, and we want to know the deprication for the first year only)
Thus, we get:
Depricated price of Maya's boat = $18,340 - $2,751 = $15,589
Thus, the worth of the boat of Maya which goes for 15% deprication this year at the end of the first year of purchase, with the considered purchase price, is $15,589
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