# algebra

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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.

p(x)=29000(.88)^x
value of truck after 7 yrs=\$11851.59

Thanks!

correct.

Thanks much!

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