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?

Question

Mathematics

Ryker Sandoval

2 August, 13:53

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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Answers (1)

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Broderick · Answer 1

First. Find out what 25% of 500 is, then minus that from 500 five times.

It wont be worth anything because it will be $-125 in 5 years.

500-125-125-125-125-125 = - 125