A scooter costs 20,000 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.
A) 10,240  B) 12,500  C) 12,800  D) 12,000  E) None of these
10,240fter first year, the value of the scooter = 16,000   10,240fter second year, the value of scooter = 12,800   10,240fter third year, the value of scooter = 10,240   10,240nswer 10,240
<result>A</result>
A scooter costs 20,000 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?