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

Eliminate

C)

$21,600

D)

$29,700

Question

Darren Atkinson

Mathematics

16 September, 04:00

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

Eliminate

C)

$21,600

D)

$29,700

+3

Answers (2)

Know the Answer?

Alice Drake · Answer 1

Alice Drake 16 September, 04:07

0

C) $21,600

correct answer

Kylie Underwood · Answer 2

C

Step-by-step explanation:

yearly depreciation

32,400:12

=2,700

Accumulated depreciation for 4 years

2,700*4

=10,800

Book value at year 4

32,400-10,800

=21,600