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Suppose you buy a piece of office equipment for $13,000.00. After 6 years you sell it for a scrap value of $4,000.00. The equipment is depreciated linearly over 6 years. The value of the piece of equipment after 4 years is (rounded to the nearest whole dollar) $4,000.00 b) $7,000.00 c) $10,231.00 d) $7,857.00 e) $11,500.00 f) None of the above.

Suppose you buy a piece of office equipment for $13,000.00. After 6 years you sell it for a scrap value of $4,000.00. The equipment is depreciated linearly over 6 years. The value of the piece of equipment after 4 years is (rounded to the nearest whole dollar) $4,000.00 b) $7,000.00 c) $10,231.00 d) $7,857.00 e) $11,500.00 f) None of the above.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Suppose you buy a piece of office equipment for $13,000.00. After 6 years you sell it for a scrap value of $4,000.00. The equipment is depreciated linearly over 6 years. The value of the piece of equipment after 4 years is (rounded to the nearest whole dollar) $4,000.00 b) $7,000.00 c) $10,231.00 d) $7,857.00 e) $11,500.00 f) None of the above.
Transcribed Image Text:Suppose you buy a piece of office equipment for $13,000.00. After 6 years you sell it for a scrap value of $4,000.00. The equipment is depreciated linearly over 6 years. The value of the piece of equipment after 4 years is (rounded to the nearest whole dollar) $4,000.00 b) $7,000.00 c) $10,231.00 d) $7,857.00 e) $11,500.00 f) None of the above.
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