The slope is m= 5/9 sorry if you weren’t looking for the slope
Initial cost = $30,000
Depreciation rate = 2.5%
Depreciation expense per year = 30,000*2.5/100 = $750
In six years,
Depreciation = 6*750 = $4,500
Value of the tractor = Initial cost - Depreciation = $30,000 - $4,500 = $25,500
It could be many things like 30 + 4 = 34
You can have 30 and a negative 6. IDK. Hope it can help a bit.
Answer:
I believe this is correct
A is FALSE
B is TRUE
C is FALSE
