Solve the problem. Use a fraction for the rate and round dollar amounts to the nearest cent.Jane Frankis is depreciating a train engine purchased for $25,000. The scrap value is estimated to be $5000. She will use double-declining-balance and depreciate over 30 years. What is the first year's depreciation?

A. $1333.33
B. $833.33
C. $666.67
D. $1666.67


Answer: D

Mathematics

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