SOLUTION: suppose that a company has just purchased a new computer for $3000. The company chooses to depreciate using the straight- line method for 5 years. What would be the equation?

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: suppose that a company has just purchased a new computer for $3000. The company chooses to depreciate using the straight- line method for 5 years. What would be the equation?      Log On


   

Question 470175: suppose that a company has just purchased a new computer for $3000. The company chooses to depreciate using the straight- line method for 5 years. What would be the equation?
Answer by robertb(5830) About Me  (Show Source):
You can put this solution on YOUR website!
What is the salvage value of the computer after 5 years??