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A truck depreciates in value by 15% per year. If the truck is valued at $ 40 000 on August 1, 2010, what will its value be to the nearest dollar on August 1st 2016?
14 years ago

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Answered by Reiny
value = 40000(.85)^6 = 15085.98 or $15086
14 years ago
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A truck depreciates in value by 15% per year. If the truck is valued at $ 40 000 on August 1, 2010, what will its value be to the nearest dollar on August 1st 2016?

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