Solve.
-A new piece of equipment cost a company $45,000. Each year, for tax purposes, the company depreciatesthe value by 25%.What value should the company give the equipment after 6 years?
A)$8,009
B)$11
C)$10,679
D)$44

Question

Quizplus · Accepted Answer

The value of the equipment after 6 years is $10,679. This is because the equipment depreciates by 25% each year, so after 6 years, the value of the equipment is 25% of its original value. 25% of $45,000 is $10,679.

Solve. -A New Piece of Equipment Cost a Company $45,000. Each