A new truck costs $32,000 if the truck is worth 24,500 after three years write an explicit formula for the value of the car afte
r “n” years
1 answer:
Answer:
Step-by-step explanation:
depreciation for three years = 32000 - 24500 = $ 7500
depreciation per year = 7500/3 = $ 2500
depreciation % = (2500/32000)*100 = 7.81%
Value of truck after n years = 32000 * (7.81%)*n
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