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rai8der34 rai8der34
  • 23-01-2017
  • Mathematics
Answered

The value of a dirt bike decreases by 15% each year. If you purchased this dirt bike today for $500, to the nearest dollar how much would the bike be worth five years later?

Verified Answer :

Darkwynd77
Darkwynd77 Darkwynd77
  • 23-01-2017

The bike would be worth $125 5 years later.

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MackenzieW
MackenzieW MackenzieW
  • 23-01-2017

If i decreases by 15% every year that means in 5 years it would decrease 75%. 755 of $500 is $375. So the answer is $125

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