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 7yrs.

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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 7yrs.

Mathematics
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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Depreciation formula is : \[V=P(1-R)^{n}\] where V= future value, P= present value, R= depreciation rate, and n= # of years.
v=29000(1-0.12)^4 its that correct ?
it should be ^7 since it's 7 years

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oh yeahh lol my bad i accidentally pressed 4 . thank youu !!!
No problem :)

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