A company that makes wildlife videos purchases
camera equipment for $32,400. The equipment
depreciates in value at a constant rate for 12 years,
after which it is considered to have no monetary
value. How much is the camera equipment worth
4 years after it is purchased?
A) $10,800
B) $16,200
C) $21,600
D) $29,700

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Yakavi Yakavi · Answer 1 · 2022-08-23T16:00:57+02:00

Given that the value of camera equipment depreciates at the constant rate .

Since the depreciation amount is constant every year ,let us assume the depreciation amount to be x .

After 12 years ,the value of camera equipment becomes zero .

So we can write the following ;

32400-12x=0

12x=32400

[tex]x=\frac{32400}{12}=2700[/tex]

Now this means that the value of camera equipment depreciates by 2700 per year .

So after 4 years ,its value will become = 32400-4x2700

=32400-10800=21600

Hence the value of the camera equipment 4 years after it is purchased will depreciate to 21600 .

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