Solve the problem. Use a fraction for the rate and round dollar amounts to the nearest cent.Jeremy James is depreciating solar panels purchased for $5700. The scrap value is estimated to be $800. He will use double-declining-balance and depreciate over 4 years. What is the first year's depreciation?

A. $1425.00
B. $1225.00
C. $2450.00
D. $2850.00


Answer: D

Mathematics

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Mathematics