The formula to calculate Sailboat Value is:
\[ SV = OV - D \]
Where:
Sailboat Value is the current value of a sailboat after accounting for depreciation. It is calculated by subtracting the total depreciation from the original boat value. This metric is useful for determining the resale value of a sailboat.
Let's assume the following values:
Using the formula:
\[ SV = 50000 - 10000 = 40000 \text{ dollars} \]
The Sailboat Value is $40,000.
Let's assume the following values:
Using the formula:
\[ SV = 75000 - 20000 = 55000 \text{ dollars} \]
The Sailboat Value is $55,000.