SOLUTION: The purchase value of an office computer is $12,380. Its annual depreciation is $1,910.
what is the value of the computer after 8 years?
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what is the value of the computer after 8 years?
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Question 1126165: The purchase value of an office computer is $12,380. Its annual depreciation is $1,910.
what is the value of the computer after 8 years? Found 2 solutions by mananth, ikleyn:Answer by mananth(16946) (Show Source):
You can put this solution on YOUR website! .
The purchase value of an office computer is $12,380. Its annual depreciation is $1,910.
what is the value of the computer after 8 years?
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The calculation and the answer in the post by @mananth both are incorrect.
I came to bring a correct solution.
12380 - 8*1910 = -2900.
Since the computed value is negative, it means that the formula
for the depreciated value stops working before 8 years,
and the correct answer is that
the depreciated value of the computer in 8 years is 0 (zero) under given conditions.