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A new truck that sells for $29,000 depreciates 12% each year. What is the value of the truck after 7 years?

A new truck that sells for $29,000 depreciates 12% each year. What is the value of the truck after 7 years?
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1 vote
A new truck that sells for $29,000 depreciates 12% each year. What is the value of the

truck after 7 years?

User Platte Gruber
by
8.5k points

1 Answer

7 votes

Answer:

29000 - 24360 = $4,640

Explanation:

User Jnas
by
8.1k points
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