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valentinak56 [21]
3 years ago
14

Benz and Jacobs Accounting purchased a new computer system for $3,500. The total resale value after 5 years is estimated to be $

525. Using the straight-line method, Benz and Jacobs determined that the computer system would depreciate $595 per year. What is the value of the system at the end of the fourth year?
Mathematics
1 answer:
In-s [12.5K]3 years ago
7 0
At the end of 4 years, the 5th year of depeciation hasn't happened yet. The value is $595 more than it is at the end of 5 years.

At the end of the 4th year, the system's value is ...
  $525 + 595 = $1120
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