Answer:
the difference: $2,192.64
Step-by-step explanation:
After 1 year, the truck has lost 8% of its value: v(x) = $32,500(0.92)^1, or
$29,900.
After 2 years, v(x) = $32,500(0.92)^2, or $27,500. Finally, after 3 years,
v(x) = $32,500(0.92)^3 = $25,307.36.
Subtracting $25,307.36 (the value after 3 years) from $27,500 (the value after 2 years) yields the difference: $2,192.64
