In the Following Exercise, Assume Straight-Line Depreciation $\$ 570.00$ B) $\$ 382.50$

Multiple Choice

In the following exercise, assume straight-line depreciation. A word processor costs $570.00 when new and is expected to be worth $195.00 after 5 years.What will It be worth after 2 years?

A) $\$ 570.00$
B) $\$ 382.50$
C) $\$ 420.00$
D) $\$195.00$
E) $\$375.00$