SOLUTION: Good day
Can someone help me with this problem
If a construction company purchased a machine in 2010, for the value of
USD 150 000. And we know also that the machine has a
Question 637110: Good day
Can someone help me with this problem
If a construction company purchased a machine in 2010, for the value of
USD 150 000. And we know also that the machine has a constant annual depreciation
of USD 5500. Which is the value of the parameter m (slope)
THANKS Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
Hi,
(1, 9500)
(0, 15000) m = (9500-15000)/1 = -5500
Value = -5500x + 15000 , where x is the number of years from 2010.