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20 March, 20:24

A truck is purchased for 15,000and will depreciate in value 20% the first year. what will be the value of the truck one year after it is purchased

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  1. 20 March, 20:26
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    After losing 20% of its value, the remaining value is 80% of its purchase price.

    ... 0.80 * 15,000 = 12,000
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