asked 99.3k views
2 votes
A new truck that sells for $28000 depreciates (decreases in value) 13% each year. What is the decay factor b?

1 Answer

5 votes
The answer is 0.87.
I hope this helped! :D
answered
User Angelique
by
8.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.