Answer:
$2184.11
Step-by-step explanation:
we know that y=ab^x
y= amount a=initial number b= the percentage it depreciates and x=time
we are looking for y and the initial number is the amount of the truck which is 3500
now since it depreciating by 9% you will always go 1-0.09 if it was increasing then you would go 1+0.09 but its not.
and lastly x is 60 months but since we want it in years because it depreciates yearly you will go 60/12 which is 5
the equation comes out to 3500(0.91)^5 and put that into your calculator
y= $2184.11
hope this helped
Happy Easter