Jason bought a new truck at $25,000. The truck depreciates 15% of its value continuously each year. How much is it worth after 5 years? Round the answer to nearest dollar. Select the correct answer below: 11,909 12,009 11,809 12,109 12,209 12,309

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter25: Achievement Review—section Two
Section: Chapter Questions
Problem 24AR: A piece of machinery is purchased for $8792. In 1 year, the machine depreciates 14.5%. By how many...
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Jason bought a new truck at $25,000. The truck depreciates 15% of its value continuously each year. How much is it worth after 5 years? Round the answer to nearest dollar. Select the correct answer below:

11,909

12,009

11,809

12,109

12,209

12,309

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