In 2016, National Textile installed a new textile machine in one of its factories at a cost of $300,

Discussion in 'Calculator Requests' started by math_celebrity, Jan 15, 2018.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    In 2016, National Textile installed a new textile machine in one of its factories at a cost of $300,000. The machine is depreciated linearly over 10 years with a scrap value of $10,000. (a) Find an expression for the textile machines book value in the t th year of use (0 ≤ t ≤ 10)

    We have a straight line depreciation. Book Value is shown on the straight line depreciation calculator.
     

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