5
QuizMath Formula

Exponential Depreciation — Quiz

Question 5 • Advanced Financial Algebra

A motorbike is purchased for $12,000 , and it depreciates by 25% each year. The correct equation for the motorbike's value after x years is: y= [Blank 1] ( 1− [Blank 2] ) ^x

Answer

Math Formula Answer:

12000|0.25

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