Answer: $ 14560
Step-by-step explanation:
Here, The initial price of truck = $ 28,000
According to the question,
In three years the truck depreciates 48% in value.
Thus, the truck worth in three year = (100-48)% of 28,000
= 52% of 28,000
= [tex]\frac{28000\times 52}{100}[/tex]
= [tex]\frac{1456000}{100}[/tex]
= [tex]14560[/tex]
⇒ the truck worth in three year = $ 14560
