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 three years? A. $14,000 B. $27,052 C. $14,560 D. $12,005

Answer 1

The answer is B
hope this helps :)

Answer 2

Marlin Davies buys a truck for $28,000. In three years, the car depreciates 48% in value. In three years the car is worth $28,000 - ($28,000 * .48) = $14,560