asked 80.3k views
3 votes
Tax law allows you to depreciate the value of your equipment by $269 per year. If you purchased

the equipment seven years ago for $17,413, what is its depreciated value today?

asked
User Jason La
by
8.4k points

1 Answer

3 votes
$269 x 7= $1,883

$17,413 - $1,883 = $15,530
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