A workcenter system purchased at a cost of $84,000 in 2015 has a scrap value of $12,000 at the end of 6 years. Assume that the straight-line method of depreciation is used. (a) Find the rate of depreciation. $ per year (b) Find the linear equation expressing the system's book value at the end of t years.

A workcenter system purchased at a cost of $84,000 in 2015 has a scrap value of $12,000 at the end of 6 years. Assume that the straight-line method of depreciation is used. (a) Find the rate of depreciation. $ per year (b) Find the linear equation expressing the system's book value at the end of t years.

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter1: Equations And Graphs

Section1.3: Lines

Problem 92E

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