jay419
Answered

Marlin Davies buys a truck for $28,000 in three years the truck depreciates 48% in value how much is the truck worth in 3 years

Verified Answer :

micklo10

28,000 × 0.48 = 13,440
and
28,000
- 13,440
---------------
$14,560 is the current value of the truck

Answer:  $ 14560

Step-by-step explanation:

Here, The initial price of truck = $ 28,000

According to the question,

In three years the truck depreciates 48% in value.

Thus, the truck worth in three year = (100-48)% of 28,000

= 52% of 28,000

= \(\frac{28000\times 52}{100}\)

= \(\frac{1456000}{100}\)

=  \(14560\)

⇒ the truck worth in three year = $ 14560

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