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Your Company Purchases a New Delivery Van For $40,000\$ 40,000 for Tax Purposes, the Van Will Be Depreciated Over

Question 116

Multiple Choice

Your company purchases a new delivery van for $40,000\$ 40,000 . For tax purposes, the van will be depreciated over a seven year period. At the end of seven years, the value of the van is expected to be $5000 . The equation relating the depreciated value of the van, y , to the number of years, t , since it was purchased is given by y=40,0005000ty = 40,000 - 5000 t . Sketch a graph of this equation.


A)  Your company purchases a new delivery van for  \$ 40,000  . For tax purposes, the van will be depreciated over a seven year period. At the end of seven years, the value of the van is expected to be $5000 . The equation relating the depreciated value of the van, y , to the number of years, t , since it was purchased is given by  y = 40,000 - 5000 t  . Sketch a graph of this equation. A)    B)    C)    D)    E)
B)  Your company purchases a new delivery van for  \$ 40,000  . For tax purposes, the van will be depreciated over a seven year period. At the end of seven years, the value of the van is expected to be $5000 . The equation relating the depreciated value of the van, y , to the number of years, t , since it was purchased is given by  y = 40,000 - 5000 t  . Sketch a graph of this equation. A)    B)    C)    D)    E)
C)  Your company purchases a new delivery van for  \$ 40,000  . For tax purposes, the van will be depreciated over a seven year period. At the end of seven years, the value of the van is expected to be $5000 . The equation relating the depreciated value of the van, y , to the number of years, t , since it was purchased is given by  y = 40,000 - 5000 t  . Sketch a graph of this equation. A)    B)    C)    D)    E)
D)  Your company purchases a new delivery van for  \$ 40,000  . For tax purposes, the van will be depreciated over a seven year period. At the end of seven years, the value of the van is expected to be $5000 . The equation relating the depreciated value of the van, y , to the number of years, t , since it was purchased is given by  y = 40,000 - 5000 t  . Sketch a graph of this equation. A)    B)    C)    D)    E)
E)  Your company purchases a new delivery van for  \$ 40,000  . For tax purposes, the van will be depreciated over a seven year period. At the end of seven years, the value of the van is expected to be $5000 . The equation relating the depreciated value of the van, y , to the number of years, t , since it was purchased is given by  y = 40,000 - 5000 t  . Sketch a graph of this equation. A)    B)    C)    D)    E)

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