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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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) About Me  (Show Source):
You can put this solution on YOUR website!

12380 - 8*1910
= 2900

Answer by ikleyn(52787) About Me  (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.

Solved.