Karen purchased a used vehicle that depreciates under a straight line method the initial value if the car is 4400 and the salvage

Karen purchased a used vehicle that depreciates under a straight line method the initial value if the car is 4400 and the salvage value is 800 if the car is expected to have a useful life of another six years how much will it depreciate each year?

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  1. Answer:
    Karen expects the vehicle to depreciate by 600 each year.
    Step-by-step explanation:
    Given:
    – initial value: 4400
    – salvage value: 800
    – another six years
    It is expected to depreciate from 4400 to 800 in 6 years.
    The depreciation per year is the ratio
    depreciation per year = (total depreciation) / (number of years)
    Total depreciation is the change in value, so the depreciation per year is
     (4400 – 800)/6 = 600

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