A new truck sells for $48,000. If it depreciates at the rate of 18% per year, how old will it be before it's only worth $12,000?

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Q: Archie Buchanon has a $28,000 boat that loses 12.5% of its value yearly.  How much is his boat worth…

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Q: A school wants to raise $2,500 if it’s met 20% of its goal how much has it raised

A: It is an important part of statistics. It is widely used.

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Q: Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of…

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Q: the smiths brought a apartment for 75000. assuming that the value of the apartment will appreciate…

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Q: A transport company purchased a truck for ​$79,000.The company depreciated the truck at the end of…

A: To find the value of the truck at the end of the sixth year after it was purchased for $79000 and…