document.write( "Question 1103260: a new motorcycle cost $6000 it loses 20% of its value by the end of the first year. each year thereafter it loses 10% of its remaining value from the end of the previous year how much is the motorcycle worth after five years
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Algebra.Com's Answer #717973 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! 6000(.20)=1200 \n" ); document.write( "so after one year it is worth 6000-1200=4800 \n" ); document.write( "4800(0.90)^4, is the worth after 5 years losing 10% a year after year 1. That is $3149.28 \n" ); document.write( " |