menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
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: −0.0…
Ask a Question
Questions
Unanswered
Tags
Ask a Question
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: −0.0…
asked
Feb 7, 2017
187k
views
3
votes
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:
−0.005143%
−0.5143%
−0.005%
−0.5%
Mathematics
high-school
Lakeysha
asked
by
Lakeysha
8.9k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
3
votes
the rate of decay each month can calculated using the following formula:
6%/year × 1 year/(12 months) = 0.5%/month
0.06 x 1/12 = 0.005/month
So the 0.5% is the right answer.
I hope it helped.
MrNetherlands
answered
Feb 12, 2017
by
MrNetherlands
8.8k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Apr 20, 2018
25.9k
views
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. −0.005143% −0.5143% −0.005%
Naomy
asked
Apr 20, 2018
by
Naomy
8.4k
points
Mathematics
high-school
2
answers
5
votes
25.9k
views
asked
Sep 2, 2018
16.9k
views
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. −0.005143% −0.5143% −0.005%
Isuruf
asked
Sep 2, 2018
by
Isuruf
8.1k
points
Mathematics
high-school
2
answers
4
votes
16.9k
views
asked
Dec 21, 2019
190k
views
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. A. −0.005143% B. −0.5143% <------ CORRECT ANSWER C. −0.005% D. −0.5% I LOOKED EVERYWHERE FOR THIS ANSWER AND COULDN'T FIND IT, I TOOK THE TEST AND THIS WAS THE CORRECT ANSWER!
Davestevens
asked
Dec 21, 2019
by
Davestevens
8.4k
points
Mathematics
college
1
answer
0
votes
190k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org