26.1k views
12 votes
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

User El Hoss
by
8.3k points

2 Answers

11 votes

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

User ILemming
by
7.7k points
3 votes

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

User Miara
by
7.9k points
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