A $659,000 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 = 659,000 − 1800x dollars. After how many months will the value of the building be $459,200? x = months

A $659,000 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 = 659,000 − 1800x dollars. After how many months will the value of the building be $459,200? x = months

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 5P

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Question

A $659,000 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 = 659,000 − 1800x dollars.

After how many months will the value of the building be $459,200?

x = months

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