A new commercial oven is worth $24,000 when you buy it. The oven depreciates in 12 years. You pay $5,000 down, get $5,000 for trade-in restaurant equipment, and you make monthly payments of $83.00. When do you start paying more for the oven than it is worth?
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A new commercial oven is worth $24,000 when you buy it. The oven depreciates in 12 years. You pay $5,000 down, get $5,000 for trade-in ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Mathematics » A new commercial oven is worth $24,000 when you buy it. The oven depreciates in 12 years. You pay $5,000 down, get $5,000 for trade-in restaurant equipment, and you make monthly payments of $83.00.