My Cor The Homework Section 23 Linear Models Score 0 of 1 pt

My Cor- The Homework: Section 2.3: Linear Models Score: 0 of 1 pt Bus Econ 2.2.63 Hw Score: 0%, 0 of 12 pts Question Hep * dollars with a useful ife of n years is D (1mjx. Find the depreciation for items with the given characteristics Round to the nearest cent) 8

Solution

The annual straight line depreciation (D)of an item costing $ x , with a useful life of n years is given by D = X*1/n. Here, x = $ 15959 and n = 19 years. Therefore, the annual straight line depreciationis D= 15959/19 = $ 839.95( on rounding off to the nearest cent).