A Business Purchases a Van For $\$ 27,600$ After 5 Years, Its Depreciated Value Will Be

question 99

Multiple Choice

A business purchases a van for $\$ 27,600$ . After 5 years, its depreciated value will be $\$ 12,400$ . Assuming straight line depreciation, what will be the value of the van in $4$ years?

• A)$ \(5,520\)
• B)$ \(24,560\)
• C)$ \(12,160\)
• D)$ \(23,800\)
• E)$ \(15,440\)

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