Mathematics, 25.03.2021 18:40 StupidFatChipmunk

Motor Parts of Macon paid $20,000 for a motor vehicle. They expect to use it for 4 years before replacing it. They estimate that when they sell it in 4 years time, they will get $8000 for it. Using the straight-line method, determine the annual amount of depreciation.

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Motor Parts of Macon paid $20,000 for a motor vehicle. They expect to use it for 4 years before replacing it. They estimate that when they sell it in 4 years time, they will get $8000 for it. Using the straight-line method, determine the annual amount of depreciation.​

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Motor Parts of Macon paid $20,000 for a motor vehicle. They expect to use it for 4 years before replacing it. They estimate that when they sell it in 4 years time, they will get $8000 for it. Using the straight-line method, determine the annual amount of depreciation.