SOLUTION: The value of a new computer network for an office is $12 000. If the depreciation of the computers, with respect to time in dollars per year is 15%, in how many years will the comp

SOLUTION: The value of a new computer network for an office is $12 000. If the depreciation of the computers, with respect to time in dollars per year is 15%, in how many years will the comp

Algebra.Com

Question 1022394: The value of a new computer network for an office is $12 000. If the depreciation of the computers, with respect to time in dollars per year is 15%, in how many years will the computer network have no value?
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
12000*0.15 = 1800
12000/1800 = 7 years (6.667 years exactly)
RELATED QUESTIONS
The value of a new computer netaork for an office is $12 000. If the depreciation of the... (answered by fractalier)

The purchase value of an office computer is $12,380. Its annual depreciation is $1,910. (answered by mananth,ikleyn)

Your business depreciates computers over a 5-year period. If a computer is purchased for... (answered by checkley71)

I need help with this word problem. After 8 months of use, the value of Kathy's... (answered by stanbon,Earlsdon)

A lab network consisting of 20 computers was attacked by a computer virus. This virus... (answered by solver91311,Theo)

A small business buys a computer for $3300. After 4 years the value of the computer is... (answered by stanbon)

Hello, My problem is: Supreme Auto Service opened a new service center three decades ago. (answered by Theo)

The lost value of equipment over a period of time is called depreciation. The simplest... (answered by ikleyn)

A data processing company has a computer which cost $1,000,000 when new and which... (answered by josgarithmetic,josmiceli)