Answer:
-0.5%
Step-by-step explanation:
Given,
The value of a motorcycle decreases by 6% each year.
Thus, the change rate per year = - 6 %
Also, 1 year = 12 months,
Hence, the change rate each month = [tex]\frac{\text{Change rate per year}}{12}[/tex]
[tex]=\frac{-6}{12}[/tex]
[tex]=-0.5\%[/tex]
Therefore, last option is correct.
Answer:
-0.5%
Step-by-step explanation:
Given :A motorcycle cost $12,000 when it was purchased.
The value of a motorcycle decreases by 6% each year.
To Find : Find the rate of decay each month
Solution :
Rate of decay per yer = 6%
Rate of decay in 12 months = 6%
Rate of decay in 1 month = [tex]\frac{6}{12} \%[/tex]
= [tex]0.5\%[/tex]
So, Rate of decay each month is -0.5%
Hence Option D is true .
