Question

A piece of machinery depreciates $5000 the first year,

$4700 the second year, and $4400 the third year. If the
rate of depreciation is constant, what is the amount of
depreciation of the piece of machinery in the sixth year?
A $3500
B $59,500
C $44,500
D $3200

Answer 1

A- $3500

Explanation:

The depreciation rate is $300

$5000, $4700, $4400

$300 x 3 = 900

$4400 - 900 =

$3500.