Question: please answer the question and show All working and formula A car owner desires to sell his SUV when its value reaches approximately half its

 please answer the question and show All working and formula A

please answer the question and show All working and formula

A car owner desires to sell his SUV when its value reaches approximately half its purchased value. Determine the year in which the car should be sold and how much money he can receive for the car. Draw a cash flow diagram showing the annual depreciation allowances for each year until the end of the SUV's useful life. Information concerning the SUV is shown below. Cost of SUV: $10,000 Useful life: 5years Estimated salvage value: $2000 Use SLN

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