A motorcycle costs $7,250. If it depreciates by 12% per year, how much will it be worth after one year?

Question

A motorcycle costs $7,250. If it depreciates by 12% per year, how much will it be worth after one year?
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Solution 1

To calculate the value of the motorcycle after one year, you need to determine how much it depreciates by and then subtract that amount 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 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

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