Pleased Help 45 point per question The average price of a motorcycle is $9,000. If the value depreciates an average of 12% per year, how much of the motorcycle's value have you lost after 4 years? (By how much has the value decreased?) Show work
A)$5,397
B)$14,162
C)$5,162
D)$3,603

Depreciation are represented by exponential function

You have lost $3603 of the motorcycle's value after 4 years

The given parameters are:

The function to represent the depreciation is calculated as:

So, we have:

Multiply

The above represents the new value of the motorcycle.

The depreciated value is then calculated as:

Hence, you have lost $3603 of the motorcycle's value after 4 years

Read more about depreciation at:

x= 149. 24+7=31. 180-31=149

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