algebra
posted by Fidelia .
Can someone please tell me if I did this problem right?
A new truck that sells for $29,000 depreciates 12% each year. Write a function that models the value of the truck. Find the value of the truck after 7 years.
my answer=p(x)=price of truck ($)
p(x)=29000(.88)^x
value of truck after 7 yrs=$11851.59
Thanks!
correct.
Thanks much!
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