7
QuizMultiple Choice

Automobile Ownership — Test

Question 7 • Financial Math

Which equation represents the straight-line depreciation from the table?

Answer
A
cap d times t is equal to 3 comma 000 t plus 4 comma 000
B
cap d times t is equal to 16 comma 000 minus 3 comma 000 t
C
cap d times t is equal to 4 comma 000 minus 3 comma 000 t
D
cap d times t is equal to 16 comma 000 minus 4 comma 000 t
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