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a motorcycle costs 7 250 if it depreciates by 12 per year how much will it be worth after one year

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A motorcycle costs $7,250. If it depreciates by 12% per year, how much will it be worth after one year?

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Answer to a math question A motorcycle costs $7,250. If it depreciates by 12% per year, how much will it be worth after one year?

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98 Answers

Solution:
1. Determine the initial cost of the motorcycle:
- Initial cost:

7,250

USD

2. Calculate the depreciation amount:
- Depreciation rate:

12\%

- Depreciation amount =

7,250 \times 0.12 = 870

USD

3. Calculate the motorcycle's worth after one year by subtracting the depreciation amount from the initial cost:
- Worth after one year =

7,250 - 870 = 6,380

USD

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