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29-11-2017
Mathematics

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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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29-11-2017

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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