STRAIGHT-LINE DEPRECIATION

Using the formula: S Salvage value (or current value) D amount of depreciation per period n Number of periods Initial value of the asset The salvage value of a car is given by the formula S= 24 000 - 3000n. What is the annual deprecation of the car? $24 000 $3000 $21 000 $8 000 The salvage value of a truck is given by the formula S= 162 000 - 18 000n. Fill in the table of values. n 0 2 4 6 S $162000 $126000 $90000 $54000 The salvage value of a car is given by the formula S = 36 000 - 4500n. What is the purchase price of the car? $36 000 $4 500 $31 500 $ 8 000 The salvage value of a vehicle is given by the formula S = 30 000 - 5000n. After how many years would the car be considered worthless using this depreciation? 5 12 6 25 A construction van costs $72 000 and is estimated to be worth $32 000 after 5 years. What is the annual depreciation? $6 400 $14 400 $65 600 $8 000 Using the graph below, write the equation for the depreciation of this purchase. S = 36 000 - 9n S = 4 000 - 36 000n S = 36 000 - 4000n S = 4 000 - 9n