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gregori [183]
3 years ago
10

The value of a dirt bike decreases by 30% each year. If you purchased this dirt bike today for $500, to the nearest dollar how m

uch would the bike be worth five years later?
Mathematics
1 answer:
Elan Coil [88]3 years ago
6 0
Since it is depreciation, the equation would be

500(0.7)^5

500 being starting price, 0.7 being price after 30% is taken off, and 5 being number of years

the worth would be $84.04 in five years
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