The value of a dirt bike decreases by 15% each year. If you purchased this dirt bike today for $500, to the nearest dollar how much would the bike be worth 5 years later?

Question

anonymous · Answer

a. $84
b. $119
c. $164
d. $222

Really need help with this. If anyone could walk me through this I would really appreciate it.

sdfgsdfgs · Answer

"The value of a dirt bike decreases by 15% each year"
So what will be the value of the bike after 1 year?

anonymous · Answer

$499? @sdfgsdfgs

sdfgsdfgs · Answer

Value today is $500 and it decreases by 15% so what is 15% of $500?

anonymous · Answer

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