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30 June, 10:36

Straight-line depreciation is a method of calculating an asset's value by subtracting its salvage value from its acquisition or purchase price divided by the estimated useful life of the asset. suppose a manufacturing robot cost $1.5 million in 2005 and is sold in 2010 for $50,000. what is the linear equation representing the value of the robot?

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  1. 30 June, 10:41
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    1500000-50000/5years=290000
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