Assume depreciation is the same each month. Write a problem involving depreciation and solve it. Where do I start?

To write a problem involving depreciation, let's consider the scenario of a computer depreciating in value over time. Here's an example problem and how to solve it:

Problem: A computer is purchased for $1,500, and it depreciates by $100 each month. How much will it be worth after 10 months?

Solution:
1. Determine the initial value: In this case, the initial value of the computer is $1,500.
2. Determine the monthly depreciation: The problem states that the computer depreciates by $100 each month.
3. Calculate the value of the computer after 10 months: To find the value after 10 months, we need to subtract the total depreciation from the initial value. Since the depreciation is the same each month, we multiply the monthly depreciation by the number of months.

Total depreciation = monthly depreciation * number of months
Total depreciation = $100 * 10 = $1,000

Value after 10 months = Initial value - Total depreciation
Value after 10 months = $1,500 - $1,000 = $500

Therefore, the computer will be worth $500 after 10 months.

To solve a depreciation problem:
1. Determine the initial value of the asset.
2. Identify the rate or amount by which the asset depreciates per period (e.g., per month, per year, etc.).
3. Multiply the depreciation rate or amount by the number of periods to find the total depreciation.
4. Subtract the total depreciation from the initial value to determine the current value of the asset.