Question

You bought a truck for $20,000. It depreciates at a rate of 15% per a year. Find the value of the truck in 10 years

Answer 1

20,000 * 0.15 = depreciation percentage, per year.

Answer 2

If it goes down 15% every year, find what 15% is of that number, and subtract it from the original number.

Answer 3

It gave me 10000