SOLUTION: You buy a used truck for $10,000. It depreciates at the rate of 18%
each year for 5 years. Find the value of the truck after 5 years.
Algebra.Com
Question 389261: You buy a used truck for $10,000. It depreciates at the rate of 18%
each year for 5 years. Find the value of the truck after 5 years.
Found 2 solutions by MathLover1, kikk13:
Answer by MathLover1(20849) (Show Source): You can put this solution on YOUR website!
your formula is
..........where................ V = value after years.
.
This is ...
............after you plug it into a calculator
and you will have ...
so, after multiplying out!
Answer by kikk13(3) (Show Source): You can put this solution on YOUR website!
$3707.40
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