Depreciation is the decrease or loss in value of an item due to age, wear, or market conditions. We usually consider depreciation on expensive items like cars. Businesses use depreciation as a loss when calculating their income and taxes. One company buys a new bulldozer for $124850. The company depreciates the bulldozer linearly over its useful life of 20 years. Its salvage value at the end of 20 years is $12850. A) Express the value of the bulldozer, V, in terms of its age, t. V = B) The value of the bulldozer after 10 years is $

A vehicle purchased for $29800 depreciates at a constant rate of 5%. Determine the approximate value of the vehicle 11 years after purchase.

In a linear depreciation scheme, a tractor had value $32,000 at the start of the year 2008 and value $29,000 at the start of 2012. During what year will the value first reach $12,000?

A new laptop computer costs $15pp. The value of the computer decreases bye 22%each year. How much is the computer worth after 2 years? That is growth or decay

A retiree requires an annual income of at least $9000 from an investment paying 7.5% annual interest. How much should the retiree invest to achieve the desired return?

At the beginning of 2012, Jensyn deposited $500 into an account that earns 4% interest compounded continuously. If she makes no other deposits or withdrawals, in what year can she expect to triple her investment? A. 2038 B. 2039 C. 2040 D. 2041

Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of $137,090.97. What interest has accrued over 30 years?

Year Annual CPI 2010 218.056 2000 172.200 1990 130.700 1980 82.400 Jennifer Marlowe was making $43,276 in 1980. Use the CPI table to determine what her salary would be in 2010, if it kept up with inflation since 1980. Round answer to the nearest dollar, do not include $ in your answer.

Often lottery winnings are divided into equal payments given annually for 20- 25 years. So the present value of the winnings is worth less than the actual jackpot, depending on the rate at which money could be invested. Find the present value in dollars using the given conditions. Complete the table for each amount, interest rate, and number of payments. Jackpot Amount Interest Rate Equal Annual Payments Present Value (in dollars) $6,000,000 7% 20 $ $6,000,000 11% 20 $6,000,000 7% 25 $6,000,000 11% 25 (Round to the nearest dollar as needed.)

suppose your $1200 laptop depreciates 1% per week.  After what week will your computer first become worth less than $250?