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A new truck that sells for $29,000 depreciates (decreases in value) 12% each year. Which function models the value of the truck?

Respuesta :

musiclover10045

for depreciation the formula is:

y = years

 value = 29000*(1-0.12)^y

value = 29000*0.88^y

shubhamchouhanvrVT

The function which models the value of the truck will be equal to value = 29000 X 0.88^y

What is depreciation?

The reduction in the value of any object or machine etc with the passage of time will be called as depreciation.

for depreciation the formula is:

y = years

value = 29000 x (1-0.12)^y

value = 29000  x 0.88^y

Hence function which models the value of the truck will be equal to value = 29000 X 0.88^y

To know more about depreciation follow

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