A $2000 bicycle depreciates at a rate of 10% per year.

Question

asked Oct 13, 2022 218k views

1 Answer

TaoZang · Answer 1 · 2022-10-17T07:05:43+0000

Answer:

1180.98

Explanation:

$2000*0.9^5

This is because we're just multiplying 2000 by 0.9 five times to reduce it by that amount.