LINEAR DEPRECIATION Suppose an asset has an original value of $ C and is depreciated linearly over N years with a scrap value of $ S . Show that the asset’s book value at the end of the t th year is described by the function V ( t ) = C − ( C − S N ) t Hint: Find an equation of the straight line passing through the points ( 0 , C ) and ( N , S ) . (Why?)
LINEAR DEPRECIATION Suppose an asset has an original value of $ C and is depreciated linearly over N years with a scrap value of $ S . Show that the asset’s book value at the end of the t th year is described by the function V ( t ) = C − ( C − S N ) t Hint: Find an equation of the straight line passing through the points ( 0 , C ) and ( N , S ) . (Why?)
Solution Summary: The author explains that the asset's book value at the end of the t-th year is described by the function V(t )=C- (
LINEAR DEPRECIATION Suppose an asset has an original value of
$
C
and is depreciated linearly over
N
years with a scrap value of
$
S
. Show that the asset’s book value at the end of the
t
th
year is described by the function
V
(
t
)
=
C
−
(
C
−
S
N
)
t
Hint: Find an equation of the straight line passing through the points
(
0
,
C
)
and
(
N
,
S
)
. (Why?)
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