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Example 2 Depreciation Chapter 8.4 An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under.

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Presentation on theme: "Example 2 Depreciation Chapter 8.4 An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under."— Presentation transcript:

1 example 2 Depreciation Chapter 8.4 An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. a.Write a sequence that represents the parts of the automobile value that are depreciated in each year, and show that the sum of the terms is 100%. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000.  2009 PBLPathways

2 An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. a.Write a sequence that represents the parts of the automobile value that are depreciated in each year, and show that the sum of the terms is 100%. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000.

3  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. a.Write a sequence that represents the parts of the automobile value that are depreciated in each year, and show that the sum of the terms is 100%.

4  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. a.Write a sequence that represents the parts of the automobile value that are depreciated in each year, and show that the sum of the terms is 100%.

5  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. a.Write a sequence that represents the parts of the automobile value that are depreciated in each year, and show that the sum of the terms is 100%.

6  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. a.Write a sequence that represents the parts of the automobile value that are depreciated in each year, and show that the sum of the terms is 100%.

7  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. a.Write a sequence that represents the parts of the automobile value that are depreciated in each year, and show that the sum of the terms is 100%.

8  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. a.Write a sequence that represents the parts of the automobile value that are depreciated in each year, and show that the sum of the terms is 100%.

9  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000.

10  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. YearDepreciation 1900,000 2870,000 3840,000 4810,000 5

11  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. YearDepreciation 1900,000 2870,000 3840,000 4810,000 5

12  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. YearDepreciation 1900,000 2870,000 3840,000 4810,000 5

13  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. YearDepreciation 1900,000 2870,000 3840,000 4810,000 5

14  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. nanan 1900,000 2870,000 3840,000 4810,000 5

15  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. nanan 1900,000 2870,000 3840,000 4810,000 5

16  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. nanan 1900,000 2870,000 3840,000 4810,000 5

17  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. nanan 1900,000 2870,000 3840,000 4810,000 5

18  2009 PBLPathways An automobile valued at $24,000 is depreciated over 5 years with the sum-of-the-years- digits depreciation method. Under this method, annual depreciation is found by multiplying the value of the property by a fraction whose denominator is the sum of the 5 years’ digits and whose numerator is 5 for the first year’s depreciation, 4 for the second year’s, 3 for the third, and so on. b.Find the yearly depreciation and show that the sum of the depreciations is $24,000. nanan 1900,000 2870,000 3840,000 4810,000 5


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