archotron31
archotron31 archotron31
  • 30-10-2021
  • Mathematics
contestada

Find the compound interest:

A motorcycle bought for £3500 depreciates in value by 20% each
year. Find its value after 3 years.

Respuesta :

sammoiumrah5
sammoiumrah5 sammoiumrah5
  • 30-10-2021

Step-by-step explanation:

£3500×20×3/100

£350×2×3=?

hope it can help

Answer Link
jackiebaker413 jackiebaker413
  • 30-10-2021

Answer:

$1,400.00

Step-by-step explanation:

20% of $3,500.00 is $700.00

$700.00  x  3 years is $2,1,00.00

$3,500.00 - $2,100.00= $1,400.00

Answer Link

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