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A new truck that sells for $28000 depreciates (decreases in value) 13% each year. What is the decay factor b?
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A new truck that sells for $28000 depreciates (decreases in value) 13% each year. What is the decay factor b?

User Abhinav Risal
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1 Answer

5 votes
The answer is 0.87.
I hope this helped! :D
User Angelique
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