SOLUTION: A car which cost $18,900 when new is depreciated linearly for a period of 10 years. At the end of 10 years, the salvage value is $300.
(A) what is the depreciated value of the c
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-> SOLUTION: A car which cost $18,900 when new is depreciated linearly for a period of 10 years. At the end of 10 years, the salvage value is $300.
(A) what is the depreciated value of the c
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Question 945560: A car which cost $18,900 when new is depreciated linearly for a period of 10 years. At the end of 10 years, the salvage value is $300.
(A) what is the depreciated value of the car after 4 years?
(B) If v is the book value of the car and t is the number of years since the car was purchased, find a formula which expresses the relationship between v and t. Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! The rate of depreciation is: dollars/year
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(a)
( dollars / year ) x ( years = dollars depreciated
Value after 4 years:
The value of the car is $11,460
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(b)
