The IRS allows an investor to depreciate an apartment building whose value excluding land is $285,000 by $10,000 per year. The equation is V=-10,000+285,000 represents the book value of an apartment after x After how many years will the book value of the apartment be $205,000
The IRS allows an investor to depreciate an apartment building whose value excluding land is $285,000 by $10,000 per year. The equation is V=-10,000+285,000 represents the book value of an apartment after x After how many years will the book value of the apartment be $205,000
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section: Chapter Questions
Problem 3T
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The IRS allows an investor to depreciate an apartment building whose value excluding land is $285,000 by $10,000 per year. The equation is V=-10,000+285,000 represents the book value of an apartment after x
After how many years will the book value of the apartment be $205,000
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Step 1
Given:
V=-10,000x+285,000 represents the book value of an apartment after x years.
To find x for V=$205,000
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