SOLUTION: A bicycle costs 950 dollars. Its value decreases 5% every year due to usage. What will be its price after a year?
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Question 319335: A bicycle costs 950 dollars. Its value decreases 5% every year due to usage. What will be its price after a year?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
If the value decreases 5%, then it's worth 95% of the original price.
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$902.50
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