Question: A small business buys a computer for $4000. After 4 years the value of the computer is expected to be $200. For accounting purposes, the

A small business buys a computer for $4000. After 4 years the value of the computer is expected to be $200. For accounting purposes, the business useslinear depreciationto assess the value of the computer at a given time.

  1. How do you interpret the termlinear depreciationin a mathematical way?
  2. What is the depreciation value of the computer per year?
  3. Write the equation for the total value of the computer as a function of time passed since the initial purchase (in years).
  4. How many years will it take for the computer to decrease to a value of $105?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!