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The value of a dirt bike decreases by 30% each year. If you purchased this dirt bike today for $500, to the nearest dollar how much would the bike be worth 5 years later?

The value of a dirt bike decreases by 30% each year. If you purchased this dirt bike today for $500, to the nearest dollar how much would the bike be worth 5 years later?
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The value of a dirt bike decreases by 30% each year. If you purchased this dirt bike today for $500, to the nearest dollar how much would the bike be worth 5 years later?

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User Cjaypierson
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1 Answer

3 votes
It would be worth approximately $84. This is calculated by setting up a function to determine the depreciation value after a 5 year period
answered
User Adam Stelmaszczyk
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8.5k points
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