ttay2786 ttay2786

19-05-2021
Mathematics

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A new Dodge Ram cost about $40,000 in 2019. It depreciates at 2.3% a year. How much will the truck be worth and 2025?

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Strayth Strayth

19-05-2021

I believe it’s $34,480
First take 40,000 and find 2.3% of that and multiply that by the time difference (6 years) which would be $5520 so subtract that from its 2019 value and you get $34,480

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