Assume you own a refrigerator that was purchased new seven years ago for $900,would cost $1200 today,and that it was expected to last ten years when purchased.Similar used refrigerators sell for about $300.What is its actual cash value?
A)$270
B)$300
C)$360
D)$900

Question

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The Answer of Assume you own a refrigerator that was purchased new seven years ago for $900,would cost $1200 today,and that it was expected to last ten years when purchased.Similar used refrigerators sell for about $300.What is its actual cash value?
A)$270
B)$300
C)$360
D)$900

Assume You Own a Refrigerator That Was Purchased New Seven