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.

Question

Grace Mcclain

22 February, 23:17

+2

Answers (2)

Know the Answer?

Everett Barker · Answer 1

Everett Barker 23 February, 01:33

0

The value of the car is 3,707.40

Layton Friedman · Answer 2

Well u know 18% as a decimal is 0.18 so u multiply 10,000*0.18 which equals 1,800 so 1,800 is your answer

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.