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Solve the Problem $3500\$ 3500 in the First Month After He Buys It, It

Question 30

Multiple Choice

Solve the problem.
-Mike buys a bike for $3500\$ 3500 . In the first month after he buys it, it depreciates by 9%9 \% . What is the value of the bike after 1 month?


A) $3185\$ 3185
B) $3815\$ 3815
C) $315\$ 315
D) $3491\$ 3491

Correct Answer:

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