A $654,000 property is depreciated for tax purposes by its owner with the straight-line depreciation

Discussion in 'Calculator Requests' started by math_celebrity, Aug 31, 2021.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    A $654,000 property is depreciated for tax purposes by its owner with the straight-line depreciation method. The value of the building, y, after x months of use is given by y = 654,000 − 1800x dollars. After how many months will the value of the building be $409,200?

    We want to know x for the equation:
    654000 - 1800x = 409200

    To solve this equation for x, we type it in our math engine and we get:
    x = 136 months
     

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