document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=566071>Question 566071</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Lowell purchased a motorcycle for $17,011. It depreciates about 3.9% each year. What is the value of the motorcycle after eight years? \r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #366102 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=366102\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Lowell purchased a motorcycle for $17,011. It depreciates about 3.9% each year. What is the value of the motorcycle after eight years? <BR>\n" );
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document.write( "100% - 3.9% leaves 96.1% of its value = 0.961*worth of the previous year.<BR>\n" );
document.write( "value @ years = 17011*(0.961)^8<BR>\n" );
document.write( "=~ $12374.19<BR>\n" );
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