SOLUTION: Ryan buys a stereo system for $3,800 for tax purposes, he declares a linear depreciation (loss of value) of $400 per year. Let Y be the declared value of the computer after "X" yea

SOLUTION: Ryan buys a stereo system for $3,800 for tax purposes, he declares a linear depreciation (loss of value) of $400 per year. Let Y be the declared value of the computer after "X" yea

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Question 67083: Ryan buys a stereo system for $3,800 for tax purposes, he declares a linear depreciation (loss of value) of $400 per year. Let Y be the declared value of the computer after "X" years.

Find the value of Ryan's stereo after 3.5 years.
Answer by Petredish1(5) (Show Source): You can put this solution on YOUR website!
$2,400
Just take: $3,800 - [(400) x 3.5]
you get: $3,800 - $1,400 = $2,400
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