Marlin Davies buys a truck for $28,000. In three years, the car depreciates 48% in value. How much is the car worth in three years? A. $14,560 B. $12,005 C. $27,052 D. $14,000

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Marlin Davies buys a truck for $28,000. In three years, the car depreciates 48% in value. How much is the car worth in three years? A. $14,560 B. $12,005 C. $27,052 D. $14,000

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Marlin Davies buys a truck for $ 28,000. In three years, the car depreciates 48%. In three years the car is worth $ 28,000 – ($ 28,000 * .48) = $ 14,560