Atruck is purchased for $14,000 and will depreciate in value 20% the first year. what will be the value of the truck one year after it is purchased?

Truck is purchased for $14,000 and will depreciate in value 20% the first year. The value of the truck one year after it is purchased will be $11200 and this can be detrmine by arithmetic operations.

Given :

A truck is purchased for $14,000 and will depreciate in value 20% the first year.

The original value of the truck = $14000.

It is given that the value of truck depreciate 20% in the first year. Therefore, the value of the depreciation will be:

= 2800

Now, the value of the truck one year after it is purchased will be:

= $11200

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thats not a system of equations, that is a solution