Asked by Ishisu

a new truck sells for 25,000 depreciates (decreases in value) 11% each year. What will be the value of the truck in 2 years?

A: 11,000
B: 15,686
C: 17,624
D: 19,803

I think A
Answered by Ms. Sue
A is not right.
Answered by Ishisu
@Ms.Sue can you help me out?
Answered by Ishisu
now I think its C
Answered by Ms. Sue
After one year, the car is worth:

25,000 * 0.89 = 22,250

What is it worth after the second year?

Answered by Ishisu
19803? so D
Answered by Ms. Sue
D is correct.
Answered by Ishisu
Thank you c:
Answered by Ms. Sue
You are welcome.
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