Question

In this exercise, assume straight-line depreciation or straight-line appreciation.

A truck was purchased for $19,688. Its salvage value at the end of 8 years is expected to be $1,400. Find the depreciation equation. (Use x for the independent variable.)

Answer 1

please help me

Answer 2

oh ok

Answer 3

19688-1400/8

Answer 4

2268

Answer 5

@ludvic u get that

Answer 6

no

Answer 7

why?

Answer 8

(Cost - Salvage) / Life) this is the formula to calculate depreciation

Answer 9

okay thankyou is that the equation though?

Answer 10

its the formula

Answer 11

equation will be
x=(Cost - Salvage) / Life)

Answer 12

x=(19688-1400)/8
x=2268

Answer 13

@ludvic u get that now????????

Answer 14

Okay okay thanks
but the answer says y=the answer

Answer 15

then in place of x u gotta take y

Answer 16

because in accounts this is the way to calculate depreciation when salvage value and no.o f life is given @ludvic