Question

Ryan bought a racing bike for $4,000 this month. Its value depreciates by

2% every year. What is the value of the bike 4 years from now? *

Answer 1

4000 x .02 = $80
3920 x .02 = $78.40
3841.60 x .02 = $76.83
3764.77 x .02 = $75.30
3764.77 - 75.30 = $3689.47 answer
So each year you are just subtracting 2% from the depreciated value each year.

Answer 2

Maybe u should use photomath