Asked by Cameron
For tax and accounting purposes businesses often have to depreciate equipment values over time. One method of depreciation is the straight-line method. Three years ago Hilde Construction purchased a bulldozer for $51,500. Using the straight-line method, the bulldozer has now depreciated to a value of $43,200. If V equals the value at the end of year t, write a linear equation expressing the value of the bulldozer over time. How many years from the purchase date will the value equal $0?
Answers
Answered by
Steve
V(t) = 51500 - (51500-43200)/3 t
Now just find t when V=0.
Now just find t when V=0.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.