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posted by Anonymous Wednesday, September 21, 2011 at 5:42pm.
A truck depreciates in value by 15% per year. If the truck is valued at $ 40 000 on August 1, 2010, what will its value be to the nearest dollar on August 1st 2016?
value = 40000(.85)^6 = 15085.98 or $15086
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