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rewona [7]
2 years ago
14

A truck is purchased for $14,000 and will depreciate in value 20% the first year. what will be the value of the truck one year a

fter it is purchased?
Mathematics
2 answers:
julsineya [31]2 years ago
8 0

Answer:

8,957.75

Step-by-step explanation:

grin007 [14]2 years ago
4 0
The truck's values will decrease by 20%. Thus,
New value = 14000 - 0.2 x 14000
New value = 14000(1 - 0.2)
New value = 14000(0.8)
New value = $11,200
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