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Mathematics, 22.04.2020 19:34 Liannahiggins

Calculate the yearly depreciation cost using straight line depreciation.

Ford Motor Company has recently made the decision to create many of their plastic truck parts using 3D Printers. They buy a batch of 5 3D Printers, totaling $950,000. They anticipate selling the whole batch for $200,000 dollars in 10 years. What is the yearly depreciation cost?

Karen has decided to put high-end wood flooring throughout the entire building she purchased in question 2. This cost her $85,000. The flooring is expected to last for 35 years and she will not be able to sell it. If she decides to calculate the depreciation cost of the floors, how much would it be per year?

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Calculate the yearly depreciation cost using straight line depreciation.

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