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3 years ago

A bike price is 159$ in january 2006 each year its price depreciates by 7 percent what will be its price at the end of 2007

Mathematics

2 answers:

Gemiola [76]3 years ago

6 0

AnsPlayrules eteanat b.

Step-by-step expfnkel

AfilCa [17]3 years ago

3 0

Answer:

$137.52

Step-by-step explanation:

To solve this we have the following equation

159*(.93)^n

where n is the number of years passed

Whenver we decrease the price by 7% we are essentially multiplying it by .93 which is why this equation works

To start on January 2006 and end at the end of 2007 means about 2 years has passed

This means we can plug in 2 for n

so we have

159*(.93)^2

Put this into your calculator and get 137.52

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<h3>Given : </h3>

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