SOLUTION: Find the original cost of a car with a salvage value of $2500 after 10 years and use an annual depreciation of $2200.
annual depreciation= original cost- salvage value/ life exp
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Question 77096: Find the original cost of a car with a salvage value of $2500 after 10 years and use an annual depreciation of $2200.
annual depreciation= original cost- salvage value/ life expectancy
Answer by checkley75(3666) (Show Source): You can put this solution on YOUR website!
10*2200+2500=org value
22000+2500=24500 for the original value
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