Find the slope of tha line through each pair of paints . (6,3) , (14,5)
1 answer:
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Answer:
a. The value depreciation for the first year is $28000.
b. There will be a loss of sale of the equipment by $6000.
Step-by-step explanation:
Equipment was purchased at the beginning at a cost of $465,000.
Now, the price of the equipment depreciates in a linear manner i.e. depreciates equally every year.
The price of the equipment is depreciated to $45000 after 15 years of its estimated useful life.
So, the per year depreciation of value of the equipment will be dollars per year.
a. The value depreciation for the first year is $28000. (Answer)
b. The depreciated value of the equipment after 8 years will be $[465000 - (28000 × 8)] = $241000.
If the equipment was sold for $235000 at the end of the eighth year, then there will be a loss by $(241000 - 235000) = $6000. (Answer)