Dorothy purchased a used vehicle that depreciates under a straight line method. The initial value of the car is $8400 and the salvage value is $400. If the car is expected to have a useful life of another

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asked May 4, 2023 135k views

7 votes

Dorothy purchased a used vehicle that depreciates under a straight line

method. The initial value of the car is $8400 and the salvage value is $400. If the car is expected to have a useful life of another 5 years, how much will it depreciate each year?