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elena55 [62]
3 years ago
12

A new truck that sells for $29,000 depreciates (decreases in value) 12% each year. Which function models the value of the truck?

Mathematics
2 answers:
sammy [17]3 years ago
6 0
29,000 *.12x=current worth
Irina18 [472]3 years ago
6 0

for depreciation the formula is:

y = years

 value = 29000*(1-0.12)^y

value = 29000*0.88^y

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