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Boats usually depreciate in worth like cars- unless it is a collectors boat in tip top shape (if you are thinking of selling it you need to do a bit of research. How many people in your area buy used boats? What are the going prices for similar boats? etc.) If this is a money math quiz better to phrase it if you had a salary of$3.950.00 in '62 what would the equivalent be today (including inflation rate increases)
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