Question

Aubrey bought a motorcycle 3 years ago, for $11,000 dollars. The motorcycle has depreciated every year by 11.5%. What is the current depreciated value of the motorcycle?

Answer 1

the answer according to a depreciation calculator online is $7624.69

Answer 2

The answer is $3,975✔✔✔

Explanation:

The explanation is you multiply 11.5% and 3 which equals 10,965, so I subtract the answer became $3,975