Ricardo bought a motorcycle for $15,000. The value depreciates 15% at the start of each year. What is the value of the motorcycle after three years?

asked May 26, 2022 215k views

5 votes

5.3k points

Please log in or register to add a comment.

12 votes

Answer:

$9212

Explanation:

15000-2250 = 12750 (1st year)

12750-1913 = 10838 (2nd year)

10838-1626 = 9212 ( 3rd year)

Shushan answered May 30, 2022

5.2k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.3m questions

6.9m answers