Checker LLC has purchased a $100,000 asset to be located in its Italian facility. Either of two classical depreciation models is allowed: SL depreciation over 5 years with a salvage of $10,000 or DDB depreciation over 6 years with no salvage considered. The asset is expected to be discarded after 5 years. Use the SLN and DDB functions to plot the book value curves and determine which method has a lower BV after 5 years.

Checker LLC has purchased a $100,000 asset to be located in its Italian
facility. Either of two classical depreciation models is allowed: SL depreciation
over 5 years with a salvage of $10,000 or DDB depreciation over 6 years with no
salvage considered. The asset is expected to be discarded after 5 years.
Use the SLN and DDB functions to plot the book value curves and determine
which method has a lower BV after 5 years.