Answer:
The value of the truck is worth $27,508 after two years.
Step-by-step explanation:
We are given the following in the question:
[tex]v(x) = 32,500(0.92)^x[/tex]
where v(x) is the value of truck in dollars after x years.
We have to estimate the value of truck after 2 years.
We put x = 2 in the equation.
[tex]v(2) = 32500(0.92)^2\\v(2) = 27508[/tex]
Thus, the value of the truck is worth $27,508 after two years.
