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%

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asked Nov 21, 2022 44.1k views

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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

Pramod Kadam asked

by Pramod Kadam

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1 Answer

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Answer:

the correct answer is -0.5%

Hielsnoppe answered Nov 28, 2022

by Hielsnoppe

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