A motorcycle cost $7,250. If it depreciates by 12% per year, how much will it be worth after one year?
Question
Solution 1
To calculate the value of the motorcycle after one year, you need to find out how much it depreciates by and then subtract that from the original cost.
Step 1: Calculate the depreciation amount The motorcycle depreciates by 12% per year. So, you multiply the original cost of the motorcycle by the d Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
A motorcycle cost $7,250. If it depreciates by 12% per year, how much will it be worth after one year?
A motorcycle costs $7,250. If it depreciates by 12% per year, how much will it be worth after one year?
A jet ski costs $3250 and decreases in value by 15% per year. How much will the jet ski be worth after 6 years?
for 18000 dollars. The value of the car depreciates at 13.5% per year. What will the value of the car be, to the nearest cent, after 14 years
Franklin's graduation picnic will cost $33 if it has 3 attendees. Alternately, if the picnic has 5 attendees, it will cost $55. What is the cost per attendee?