document.write( "Question 1075199:
\n" ); document.write( "Lucy bought a motorcycle for eight thousand dollars. The
\n" ); document.write( "motorcycle decreases in value every year by five percent.
\n" ); document.write( "How much should Lucy's brother pay for the motorcycle if he
\n" ); document.write( "buys it from her in five years? \n" ); document.write( "

Algebra.Com's Answer #689906 by jorel1380(3719) $\"\"$ $\"About$

You can put this solution on YOUR website!
If the motorcycle depreciates 5% every year, then it is only worth 95% of what it was the previous year. So:
\n" ); document.write( "V=8000 x (.95)^5
\n" ); document.write( "V=8000 x 0.7737809375=$6190.2475 as the value of the bike after 5 years. ☺☺☺☺ \n" ); document.write( "

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