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A certain car was purchased for $22,500. The car has a resale value of $14,500 after a useful life of 6 years. What is the annual depreciation expense for this car? Annual depreciation expense = $ [?]
asked
Mar 24, 2023
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A certain car was purchased for $22,500. The car
has a resale value of $14,500 after a useful life of 6
years. What is the annual depreciation expense for
this car?
Annual depreciation expense = $ [?]
Round to the nearest hundredth.
Mathematics
college
Petr Blahos
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Answer: $1,333.33
Explanation:
Thomas Ibbotson
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Mar 25, 2023
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Brian Silverman
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Mar 28, 2023
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