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Priya buys a bicycle for $250. Each year the value of the bicycle decreases by 8% of its value at the beginning of that year. Calculate the value of Priya's bicycle after 1…

Priya buys a bicycle for $250. Each year the value of the bicycle decreases by 8% of its value at the beginning of that year. Calculate the value of Priya's bicycle after 1…
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Priya buys a bicycle for $250.

Each year the value of the bicycle decreases by 8% of its value at the beginning of that year.
Calculate the value of Priya's bicycle after 10 years.
Give
your answer correct to the nearest dollar.​

asked
User Saravanan I M
by
8.0k points

2 Answers

3 votes

Answer:

108.60

Explanation:

answered
User Dhaumann
by
7.7k points
5 votes

Answer:

108.60

Explanation:

if you need the explanation you can comment

answered
User DYale
by
8.4k points
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