Question: What is the answer for the following excel question? If you build a depreciation model similar to the one you did in the Tutorial, what

What is the answer for the following excel question? a depreciation model similar to the one you did in the Tutorial,

If you build a depreciation model similar to the one you did in the Tutorial, what would be the BEST formula in B74? 56 57 58 DEPRECIATION SCHEDULE 59 60 NAME OF ASSET 61 COST PRICE: 62 RESIDUAL VALUE: 63 LIFE (IN YEARS) 64 65 REPORT Motor Vehicle 40,000.00 $5,000.00 STRAIGHT LINE YEAR 67 68 69 70 71 72 73 74 75 76 7000.00 7000.00 000.00 7000.00 7000.00 0.00 0.00 0.00 0.00 0.00 5000.00 2 6 9 10 78 79

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