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
8 answers
A is not right.
@Ms.Sue can you help me out?
now I think its C
After one year, the car is worth:
25,000 * 0.89 = 22,250
What is it worth after the second year?
25,000 * 0.89 = 22,250
What is it worth after the second year?
19803? so D
D is correct.
Thank you c:
You are welcome.