SOLUTION: The value of a new $400 bicycle decreases 20% per year. Find it's value after 2 and 3 years.

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Question 596996: The value of a new $400 bicycle decreases 20% per year. Find it's value after 2 and 3 years.
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
after the 1st year,
+V+=+400+-+.2%2A400+
+V+=+400+-+80+
+V+=+320+
After the 2nd year,
+V+=+320+-+.2%2A320+
+V+=+320+-+64+
+V+=+256+
After the 3rd year,
+V+=+256+-+.2%2A256+
You can finish- I can't find calculator