Question

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 five years later

Answer 1

so 500 dollers five years later would be about 84.04

Answer 2

A=p (1-r)^t
A=500×(1−0.30)^(5)
A=84.035