Given that the book value of the automobile that was purchased is 30,000 and is to be depreciated for 3 years using MACRS method of depreciation the value of the automobile at the end of the year is 8,640 dollars. This is computed by summing up the depreciation for the firswt 3 years which is equal to 71.2 per cent less 100 then it will be multiply to 30,000.
Since this is a compound interest problem, you have to take note that the amount Catherine will get per year is not the same. It will increase per year since it is compounded. So first, we get the amount after one year. This will be 7000 x 0.04 which is 280 plus 7280. In the second year, she will get 7571 (7280 x 0.04 + 7280). In the third year, she will get 7874 (7571 x 0.04 + 7571). In the fourth year, she will get 8189 (7874 x 0.04 + 7874). And finally in the fifth year, she will get 8517 (8189 x 0.04 +8189). So after five years, she has 8517
Answer:
Result = 0.0045
Step-by-step explanation:
Given

Required
Determine the result
Following Charlie's steps:
0.09 is a 2 decimal placed digit
and
0.05 is a 2 decimal placed digit
So, the product is as follows:
9 --------- 2 decimal place
5 --------- 2 decimal place
------------------------------------------
45 --------- 4 decimal place
Shifting the decimals in 45 to 4 decimal places will give us: 0.0045
<em>Hence, the final answer is 0.0045</em>
Hmmmm I’ll have to calculate this
Answer:
A is the midpoint
Step-by-step explanation:
Given
A(5.2) B(6,-3) and C(4.7)
Required
Which is the midpoint
Midpoint is calculated using:

Testing A as the midpoint, we have:




<em>The above equation is true. Hence, A is the midpoint of B and C</em>