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A new truck that sells for $29,000 depreciates 12% each year. Which function models the value of the truck?

A new truck that sells for $29,000 depreciates 12% each year. Which function models the value of the truck?
asked 175k views
3 votes
A new truck that sells for $29,000 depreciates 12% each year. Which function models the value of the truck?

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User Shishir
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1 Answer

2 votes
V = 29,000/(1.12)^years
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User Oneeka
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