Joel is selling a motorcycle for $2,535. He bought the motorcycle two years ago and paid $4,721 for it. It depreciated 35% during the two years. Is he losing money or making mon…

Question

asked Jun 15, 2023 26.1k views

2 Answers

ILemming · Answer 1 · 2023-06-17T10:02:55+0000

Answer:

Making money

Explanation:

selling motorcycle for 2,535

After 2 years the motorcycle is worth:

y = 4721(0.65)^2

= 1994.6

2535> 1994.6

Miara · Answer 2 · 2023-06-20T17:08:38+0000

Answer:

Joel is selling a motorcycle for $2,535. He bought the

motorcycle two years ago and paid $4,721 for it. It depreciated

35% during the two years. Is he losing money or making money

on this sale