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The value of a dirt bike decreases by 15% each year. If you purchased this dirt bike today for $500, to the nearest dollar how much would the bike be worth five years later?

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Darkwynd77
The bike would be worth $125 5 years later.
MackenzieW
If i decreases by 15% every year that means in 5 years it would decrease 75%. 755 of $500 is $375. So the answer is $125 

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