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17 October, 04:13

Lowell purchased a motorcycle for $17,011. It depreciates about 3.9% each year. What is the value of the motorcycle after eight years?

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  1. 17 October, 06:15
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    3.9%*8=31.2

    17,011/31.2=545.22

    17,011-545.22=16,465.78 after 8 years.
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