Question

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

Answer 1

A is not right.

Answer 2

@Ms.Sue can you help me out?

Answer 3

now I think its C

Answer 4

After one year, the car is worth:

25,000 * 0.89 = 22,250

What is it worth after the second year?

Answer 5

19803? so D

Answer 6

D is correct.

Answer 7

Thank you c:

Answer 8

You are welcome.