Problema Solution
A $718,200 property is depreciated for tax purposes by its owner with the straight-line depreciation method. The value of the building, y, after x months of use is given by y = 718,200 − 2100x dollars. After how many months will the value of the building be $451,500?
Answer provided by our tutors
we need to find x such that y = $451,500
718200 − 2100x = 451500
by solving we find
x = 127 months
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after 127 months the value of the building will be $451,500.