a new truck sells for 25,000 depreciates (decreases in value) 11% each year. What will be the value of the truck in 2 years?

A: 11,000
B: 15,686
C: 17,624
D: 19,803

I think A

A is not right.

@Ms.Sue can you help me out?

now I think its C

After one year, the car is worth:

25,000 * 0.89 = 22,250

What is it worth after the second year?

19803? so D

D is correct.

Thank you c:

You are welcome.

To determine the value of the truck in 2 years, we need to calculate its depreciation over time. The truck depreciates 11% each year.

To calculate the value of the truck after 1 year, we need to subtract 11% of the original value from the original value. 11% of $25,000 is $2,750. Therefore, the value of the truck after 1 year is $25,000 - $2,750 = $22,250.

To calculate the value of the truck after 2 years, we need to subtract 11% of the value after 1 year from the value after 1 year. 11% of $22,250 is $2,447.50. Therefore, the value of the truck after 2 years is $22,250 - $2,447.50 = $19,802.50.

So, the correct answer is D: $19,803.