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If a new truck costs $43,750 and it depreciates 18% per year, what will the truck be worth in 5 years? 1 SEE ANSWER
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If a new truck costs $43,750 and it depreciates 18% per year, what will the truck be worth in 5 years? 1 SEE ANSWER

User Mamu
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1 Answer

12 votes
if it depreciates by 18%, then as each year passes, its worth is reduced to 82% of its value
So, after 5 years, it is worth 43750
User Brandon Stillitano
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