Answer:
The answer is $36,000
Explanation:
First we need to determine the rate to be used.
To determine the rate:
100percent/8 years
12.5%
Double rate is 12.5% x 2
=25%. This is the rate to be used.
Cost of the truck is $48,000
First year depreciation is:
25% x $48,000
So first year depreciation is $12,000
Book value of the truck at the end of year 1 is $48,000 - $12,000
=$36,000
Answer:
E) not changed either M1 or M2.
Explanation:
M1 includes bills and coins in circulation, checking accounts, travelers' checks and other checkable deposits.
M2 includes M1 + savings accounts, certificates of deposits and money market funds.
Since Susan received $200 in cash (included in M1) and deposited the money in her checking account (also included in M1), neither M1 nor M2 is modified.
Answer:
28 month (approx)
Explanation:
Given
Present value = $470
Monthly Payment = $20
Interest Rate = 15% annual = 15% / 12 = 1.25% monthly
=0.0125
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No, it would cost $210.
Each hour charges $40. 4 hours alone is $160.
On top of that, calling the electrician is a flat rate of $50. In total, it would cost $210.
More mathematically, you could set up an equation.
(Price) = $50 + $40 * (hours)
Then plug in 4 hours
price = 50 + 40*4
= 50+160
= 210
Answer:
Marcus should control his emotions
Explanation:
It is natural for Marcus to become angry because of Amy's action. Nonetheless, as team member, he will need to control himself, to be effective as such. Lest such furiosity turn out to become a chaos in a work environment and hinder efficiency, consequently frustrating the aim of the team.