Question:

A new motorcycle costs $5500 and depreciates at a rate of 18

Last updated: 7/20/2022

A new motorcycle costs $5500 and depreciates at a rate of 18

A new motorcycle costs $5500 and depreciates at a rate of 18 % each year. How many years will it be until the motorcycle is worth $1000? (round to the nearest 3 decimal places)