A scooter costs 10,000 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 answer:
A) 10,000
B) 12,500
C) 12,800
D) 12,000
E) 5,120
After first year, the value of the scooter = 8,000   After second year, the value of scooter = 6,400   After third year, the value of scooter = 5,120   Answer 5,120
<result>E</result>
A scooter costs 10,000 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?