Question:

A building worth $832,000 is depreciated for tax purposes by

Last updated: 7/17/2022

A building worth $832,000 is depreciated for tax purposes by

A building worth $832,000 is depreciated for tax purposes by its owner using the straight-line depreciation method. The value of the building, y, after x months of use, is given by y=832,000-2300x dollars. After how many years will the value of the building be $638,800? The value of the building will be $638,800 after years. (Simplify your answer. Type an integer or a decimal.)