Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

A piece of machinery depreciates $6000 the first year,
$5700 the second year, and $5400 the third year. If the
rate of depreciation is constant, what is the amount of
depreciation of the piece of machinery in the sixth year?


Sagot :

Answer:

$4500

Step-by-step explanation:

it decreases $300 per yeae

Based on the rate of depreciation each year, the amount of depreciation of the machinery in the sixth year will be $300.

What is the annual depreciation amount?

The depreciation in the second year is:

= 6,000 - 5,700

= $300

The depreciation in the third year is:

= 5,700 - 5,400

= $300

If this amount remains constant till the sixth year therefore, then it means that the sixth year depreciation amount is also $300.

Find out more on annual depreciation at https://brainly.com/question/1287985.

#SPJ2