A new truck that sells for $29,000 depreciates 12% each year.
1 answer:
Answer and Step-by-step explanation:
f(x) = 
Where x is time in years and f(x) is the amount of money the truck is worth each year.
We get 0.88 by subtracting 0.12 (aka 12%) from 1.00.
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Step-by-step explanation:
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