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itsmichelle29
 one year ago
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%
itsmichelle29
 one year ago
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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itsmichelle29
 one year ago
Best ResponseYou've already chosen the best response.0i medal and fan I need help with two questions

anonymous
 one year ago
Best ResponseYou've already chosen the best response.012,000 doesnt matter. Since they are asking for each year that means divide by 12. They already give you a rate for decay they just want a conversion. So take 6% and convert it into decimal form by dividing it by 100 \[\frac{ 6 }{ 100 } = .06\] Now since it is per month divide by 12 \[\frac{ .06 }{ 12 } = .005\] Now since all the answers are in percentages multiply .005 by 100 to put it into that form. \[\left( .005 \right)\left( 100 \right) = .5 percent\]
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