QUESTION 1
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Solve the problem.
Mike buys a bike for $ \$ 2100 $. In the first month after he buys it, it depreciates by $ 4 \% $. What is the value of the bike after 1 month?
$ \$ 2184 $
$ \$ 84 $
$ \$ 2016 $
$ \$ 2096 $

Answer

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Answer

The value of the bike after 1 month is $ \$ 2016 $

Steps

Step 1 ：Calculate the depreciation amount: $ 2100 \times 0.04 $

Step 2 ：Find the value after depreciation: $ 2100 - 84 $

Step 3 ：The value of the bike after 1 month is $ \$ 2016 $