Question

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.

Answer 1

A=P(1-r/100)^n

Answer 2

P=10000
r=18
n=5
substitute the values and tell me the answer

Answer 3

$3707 is the answer

Answer 4

thank you