A scooter costs 30,000 when it is brand new. At the end of each year, its value is only 80% of what it was at the beginning of the year. What is the value of the scooter at the end of 3 years?	Choose the correct choice from the following options: A) 10,000 B) 12,500 C) 12,800 D) 12,000 E) 15,360
After first year, the value of the scooter = 24,000   After second year, the value of scooter = 19,200   After third year, the value of scooter = 15,360   Answer 15,360
<result>E</result>
A scooter costs 30,000 when it is brand new. At the end of each year, its value is only 80% of what it was at the beginning of the year. What is the value of the scooter at the end of 3 years?