QUESTION IMAGE
Question
math of finance sem a- a
bile ownership
depreciation of asset
the graph shows straight-line depreciation for an asset with an initial value
of $10,000 over 5 years.
depreciation of an asset
what is the slope of the line?
(graph: x-axis time (years) from 0 to 5, y-axis amount ($) from 0 to 10,000. line from (0,10000) to (5,0))
Step1: Identify two points
From the graph, we have two points: (0, 10000) and (5, 0).
Step2: Use slope formula
The slope formula is $m=\frac{y_2 - y_1}{x_2 - x_1}$. Substituting the values: $m=\frac{0 - 10000}{5 - 0}=\frac{-10000}{5}=-2000$.
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