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A new truck that sells for 25,000 (decreases in value) 11% each year. what will be the value of the truck in two years?

A new truck that sells for 25,000 (decreases in value) 11% each year. what will be the value of the truck in two years?
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1 vote
A new truck that sells for 25,000 (decreases in value) 11% each year. what will be the value of the truck in two years?

asked
User Thierry Maasdam
by
8.3k points

1 Answer

1 vote
$19,802.5  I hope this helps and I'm sorry I didn't reply sooner.
answered
User Federico Malerba
by
8.5k points
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