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anonymous

  • one year ago

Please Help A motorcycle cost $12,000 when it was purchased. The value of a motorcycle decreases by 6% each year. Find the rate of decay each month and select the correct answer below. −0.005143% −0.5143% −0.005% −0.5%

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  1. anonymous
    • one year ago
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    @Hero be my hero

  2. anonymous
    • one year ago
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    @nincompoop

  3. anonymous
    • one year ago
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    @peachpi @geekfromthefutur @pooja195 @SolomonZelman @Luigi0210

  4. anonymous
    • one year ago
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    @butterflydreamer can you help me

  5. anonymous
    • one year ago
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    @Taylor<3sRin @sweetburger @aaronq @Hero

  6. butterflydreamer
    • one year ago
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    hmmm.. i don't know if this is a trick question.. but i think since it is asking for the "rate of decay each month" and we're given that the value of the motorcycle decreases by 6% each YEAR.. Don't we just convert 6% per year into a percentage in terms of months? so.. 6% per year = ? % per month.. wouldn't this be your rate of decay? So i guess you divide 6% by 12

  7. anonymous
    • one year ago
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    so it would be -0.5%

  8. butterflydreamer
    • one year ago
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    are you sureeee..? You might want to re-calculate it :) 6% = 6/100.. divide this by 12 and you should get...?

  9. anonymous
    • one year ago
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    oh sorry -0.005%

  10. butterflydreamer
    • one year ago
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    yessss :)! Good job

  11. anonymous
    • one year ago
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    Thanks once again @butterflydreamer

  12. butterflydreamer
    • one year ago
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    you're welcome ^_^ ~

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