SOLUTION: A motorcycle cost $12,000 when it was purchased. The value of a motorcycle decreases by 6% each year. Find the rate of decay each month and select the correct answer below

Algebra ->  Logarithm Solvers, Trainers and Word Problems -> SOLUTION: A motorcycle cost $12,000 when it was purchased. The value of a motorcycle decreases by 6% each year. Find the rate of decay each month and select the correct answer below      Log On


   



Question 976003: A motorcycle cost $12,000 when it was purchased. The value of a motorcycle decreases by 6% each year. Find the rate of decay each month and select the correct answer below
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
How far below?