6
QuizMultiple Choice

Straight-Line Depreciation — Quiz

Question 6 • Advanced Financial Algebra

A student buys a bicycle for $⁢450 to use for getting to school. They expect it to depreciate to $⁢50 over 4 years. What is the straight-line depreciation equation for the bicycle?

Answer
A
D⁡(t)=400−100⁢t
B
D⁡(t)=450−90⁢t
C
cap d times t is equal to 450 plus 100 t
D
D⁡(t)=450−100⁢t
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