Answer:
$20480 will be the value of truck after 2 years.
Step-by-step explanation:
Jeremy bought a new truck for $ 32,000. The value of the truck after t years can be represented by the formula
\(V=32000(0.8)^{t}\)
We have to calculate the value of truck after 2 years
\(V=32000(0.8)^{2}=32000(0.64)=20480\)
Therefore after 2 years value of the truck will be $20480.
