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A truck is purchased for 14000 and will depreciate in value 20 the first year. What be of one year after it purchased?

The value of the truck after one year can be calculated using the formula:

Value after one year = Purchase price - (Depreciation rate * Purchase price)

Given:

Purchase price = $14000

Depreciation rate = 20% = 0.2

Substituting these values into the formula:

Value after one year = $14000 - (0.2 * $14000)

= $14000 - $2800

= $11200

Therefore, the value of the truck after one year of purchase will be $11200