Question

In 2008, Joe bought a new truck for $34 thousand. It depreciates 13% each year

If this model holds true, what was the truck worth in 2009?
A) $29.6 thousand
B) $25 thousand
C) $41.2 thousand
D) none of the above In 2008, Joe bought a new truck for $34 thousand. It depreciates 13% each year

If this model holds true, what was the truck worth in 2009?
A) $29.6 thousand
B) $25 thousand
C) $41.2 thousand
D) none of the above @Mathematics

Answer 1

Just say yes or no I will do it my self I don’t want to be annoying just try to finish math : /
Thank u for ur help!!!

Answer 2

i think it C?

Answer 3

no

Answer 4

try to solve it !

Answer 5

If the truck depreciates it will be worth less in 2009 than it was in 2008. Depreciates means the value is decreasing...

Answer 6

let us know what you get. Show your work

Answer 7

oh what this make no sense to me sorry i'm really am struggling ....

Answer 8

Hmmmmm. Your issue seems to be some confusing with computing the percents of quantities...

Answer 9

If I ask you what is 60% of $80, do you know how to solve this?

Answer 10

so it would be $20.. right..

Answer 11

First, convert the percent to a decimal. To do this, just move the decimal place over to the LEFT two places. 60% becomes 0.60.

Answer 12

Then to find 60% of $80...mutiply the decimal form of the percent (0.60), by $80. So 60% of $80 is:\[0.60*80=$48\]

Answer 13

Now, try finding 55% of $40.

Answer 14

so it would be 55%X$40

Answer 15

First, notice that the answer better be close to $20. Why? Well, $20 is half (or, 50%) of $40. 55% is not much different than 50%...

Answer 16

Remember you have to convert the percent to a decimal first

Answer 17

and it come to be 22.00 right..

Answer 18

like that..

Answer 19

yeah!

Answer 20

Ok...now that you know how to find percents of quantities you can do this problem.

Answer 21

We are starting with $34 (thousand). It depreciates (decreases) by 13% every year.

Answer 22

One year has passes in going from 2008 to 2009, so the value depreciates by 13% in this time.

Answer 23

If I ask you how much it has depreciated by I am asking you "how much is 13% of $34 (thousand)"?

Answer 24

it would be 44.2?!

Answer 25

Well, it can't be 44.2 because that would mean the truck has gained in value from $34. It is depreciating so our answer must be less than $34

Answer 26

What is 13% of $34?

Answer 27

Remember to move the decimal place TWO spots to the left to get your decimal form

Answer 28

i'm still X?! right..

Answer 29

so it would be 4.42

Answer 30

Yeah!

Answer 31

So our trucks value has decrease by $4.42. It was $34...what is it now?

Answer 32

Another way to say this is: you had $34 and I took away $4.42. How much do you have left?

Answer 33

then it would be $29.58

Answer 34

exactly

Answer 35

there is an easier way to do this. Starting with $34 and taking away 13%, you are left with 1-0.13=0.87 (87%) of what you started with. So you can solve this in one step by computing 87% of $34. 0.87*34=29.58

Answer 36

AWWW so it would be A!? right!

Answer 37

Yep, A it is

Answer 38

OH SWEET thank u for taking time to help me, it helps a lot when people help other people it means so much to me thank u!!!!!

Answer 39

The answer is B

Answer 40

Yeah, I'm not agreeing with answer b

Answer 41

While thank u! : )!

Answer 42

np:)