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QveST [7]
3 years ago
11

A motorcycle purchased for 12,500 today will be valued 7% less each year. How much could you expect to receive for the motorcycl

e at the end of 4 years of you wanted to sell it?
Mathematics
1 answer:
Mice21 [21]3 years ago
8 0
Year 1
$12500 x .07 = $875
12500-875=11625
Year 2
11625 x .07 = $813.75
11625-813.75=10811
Year 3
10811 x .07 = $756.79
10811-756.79= 10054.21
Year 4
10054.21 x .07= 703.79
10054.21-703.79= 9350.42
So after 4 years expect to get $9350.42
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