Liam wants to buy bicycle that costs $97.50. His parents say liam must raise 80% of the money himself. How much money must Liam
1 answer:
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Answer:
Step-by-step explanation:
we know that
The formula to calculate the depreciated value is equal to
where
V is the depreciated value
P is the original value
r is the rate of depreciation in decimal
x is Number of Time Periods
in this problem we have
substitute
