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Truck cost 4000 dollars. It depreciates at a rate of 12%. What is the value after 6 months

Truck cost 4000 dollars. It depreciates at a rate of 12%. What is the value after 6 months
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Truck cost 4000 dollars. It depreciates at a rate of 12%. What is the value after 6 months

User James Esh
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So I have to assume it deprecated at 12%per year. So after 6mo that would only be 6% so 4,000 times.06is 240. Then minus that from 4,000 to get the answer 3,760
User Sontek
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