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OpenStudy (anonymous):
You buy a used truck for $10,000. It depreciates at the rate of 18% each year for 5 years. Find the value of the truck after 5 years.
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OpenStudy (anonymous):
A=P(1-r/100)^n
OpenStudy (anonymous):
P=10000 r=18 n=5 substitute the values and tell me the answer
OpenStudy (anonymous):
$3707 is the answer
OpenStudy (anonymous):
thank you
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