Question

Marlin Davies buys a truck for $28,000 in three years the truck depreciates 48% in value how much is the truck worth in 3 years

Answer 1

28,000 × 0.48 = 13,440
and
28,000
- 13,440
---------------
$14,560 is the current value of the truck

Answer 2

Answer: $ 14560

Explanation:

Here, The initial price of truck = $ 28,000

According to the question,

In three years the truck depreciates 48% in value.

Thus, the truck worth in three year = (100-48)% of 28,000

= 52% of 28,000

=
`(28000* 52)/(100)`

=
`(1456000)/(100)`

=
`14560`

⇒ the truck worth in three year = $ 14560