discreditedvalidity
New member
- Joined
- Mar 16, 2006
- Messages
- 5
Here is the problem:
The purchase value of an office computer is $12,500. Its annual depreciation is $1875. Find the value of the computer after 6 years.
It sounds easy, and I plugged it into this formula
A(6) = 12,500 + (6-1)-1875
=12,500 + (5)-1875
=12,500 + (-9375)
= $3175
The answer is $1250 though, and when I do it by subtracting 1875 six times, I get the right answer. But the teacher wants us to use the formula. What am I doing wrong? Thanks.
The purchase value of an office computer is $12,500. Its annual depreciation is $1875. Find the value of the computer after 6 years.
It sounds easy, and I plugged it into this formula
A(6) = 12,500 + (6-1)-1875
=12,500 + (5)-1875
=12,500 + (-9375)
= $3175
The answer is $1250 though, and when I do it by subtracting 1875 six times, I get the right answer. But the teacher wants us to use the formula. What am I doing wrong? Thanks.