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Mathematics 14 Online
OpenStudy (anonymous):

Forrest Lumber purchased a table saw for $750. After 4 years the saw had a depreciated value of $450. What is the amount of yearly depreciation?

OpenStudy (shane_b):

First, how much (total) did it depreciate since his purchase?

OpenStudy (anonymous):

$75 $60 $90 $375 are the choices

OpenStudy (anonymous):

750

OpenStudy (shane_b):

No. He paid $750 and 4 years later it was worth $450. So its value went down (depreciated) by $300. Make sense so far?

OpenStudy (anonymous):

yes

OpenStudy (anonymous):

350

OpenStudy (shane_b):

Ok....since it depreciated $300 over 4 years...you can simply divide $300 by 4 to get the answer :)

OpenStudy (anonymous):

the value went down by 350

OpenStudy (anonymous):

noooooo my bad

OpenStudy (anonymous):

keep going

OpenStudy (anonymous):

your right

OpenStudy (anonymous):

so its 75

OpenStudy (shane_b):

Yes, $75 :)

OpenStudy (anonymous):

thanks

OpenStudy (shane_b):

np

OpenStudy (anonymous):

The answer was actually $90

OpenStudy (shane_b):

And how did you come by that answer @Briinndyy_69? As far as I know there's only one way to solve 300 / 4.

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