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(07.01 MC) The value of a dirt bike decreases by 25% each year. If you purchased this dirt bike today for $500, to the nearest dollar how much would the bike be worth five years…

(07.01 MC) The value of a dirt bike decreases by 25% each year. If you purchased this dirt bike today for $500, to the nearest dollar how much would the bike be worth five years…
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(07.01 MC) The value of a dirt bike decreases by 25% 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?

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User Kristian Williams
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7.6k points

1 Answer

5 votes
$0.48929125 as $500*.25^5

answered
User Birigy
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7.5k points
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