1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlad1618 [11]
3 years ago
5

For accounting purposes, the value of assets (land, buildings, equipment) in a business depreciates at a set rate per year. The

value, V(t), of $408,000 worth of assets after t years, which depreciate at 18% per year, is given by the formula V(t) = V0(b)t. What is the value of V0 and b, and when rounded to the nearest cent, what is the value of the assets after 8 years?
Mathematics
2 answers:
sladkih [1.3K]3 years ago
5 0
For this case we have an equation of the form:
 
V (t) = V0 * (b) ^ t
 
 Where,
 v0: initial value in assets
 b: depreciation rate
 t: time in years.
 Substituting values we have:
V (t) = 408000 * (0.82) ^ t

 For year 8 we have:
V (t) = 408000 * (0.82) ^ 8
 V (t) = 83400.94703
 Rounding off we have:
 V (t) = 83401
 Answer:
 
the value of V0 and b are:
 
V0 = $ 408,000
 
b = 0.82
 
the value of the assets after 8 years is:V (t) = 83401 $
anzhelika [568]3 years ago
3 0
V(t) = $408,000 - ( $408,000 x 18%)
       = $334,560 - ($334,560 x 18%)
       = $274,339.20 - ($274,339.20 x 18%)
       = $224,958.14 - ($224,958.14 x 18%)
       = $184,465.68 - ($184,465.68 x 18%)
       = $151,261.86 - ($151,261.86 x 18%)
       = $124,034.73 - ($124,034.73 x 18%)
       = $101,708.48 - ($101,708.48 x 18 %)
        = $83,400.95

The new carrying value of the asset on the current year is deducted with the depreciation rate to get the carrying value of the next year
You might be interested in
EXPERTS/ACE/GENIUSES
shusha [124]
3 is the scale factor you would use to dilate Figure A to Figure B.
6 0
3 years ago
Read 2 more answers
If a woman making $31,000 a year receives a cost-of-living increase of 2.4%, what will her new salary be?
kompoz [17]
Her new salary would be $31,744.
8 0
2 years ago
gina pasted 3 stickers in a book. if she added one sticker to her collection every day, what equation represents the relationshi
lukranit [14]

Answer:

The answer to your question is

                       Number of stickers = number of days + 3

Step-by-step explanation:

- To find the equation of the line that represents the situation, first, find the slope.

Slope = m = \frac{y2 - y1}{x2 - x1}

             m = \frac{4 - 3}{1 - 0} = \frac{1}{1} = 1

- Find the equation of the line

                      y - y1 = m(x - x1)

                      y - 4 = 1(x - 1)

                      y - 4 = x - 1

                           y = x - 1 + 4

                           y = x + 3

y = number of stickers

x = days

                     Number of stickers = number of days + 3

3 0
3 years ago
Amelio has 6 more nickels than dimes, and the total value is $2.10. how many nickels does he have?
Nezavi [6.7K]
Amelio have 18 Nickels and 12 dimes!!

2.10−(6×0.05)−(12×0.10)−(12×0.05)= 0
6 0
3 years ago
The values in the table represent a function.?
djyliett [7]

f(3) is -2

f(x) = -5 when x is 4

8 0
3 years ago
Read 2 more answers
Other questions:
  • A coin dealer buys <br> a coin for $850 and sells it for $1190. Find the percent of change.
    12·1 answer
  • WILL GIVE BRAINLIEST
    15·2 answers
  • 5(2y + 3)<br> can’t find any answers from this question
    10·2 answers
  • The Serenity and the Mystic are sail boats. The Serenity and the Mystic start at the same point and travel away from each other
    14·1 answer
  • What is the equation of the line that passes through the points (0, 6) and (-3, 0) and is parallel to y = 2x + 5? *
    8·1 answer
  • What is 3 minus (-7) with an explanation? Please do not waste my time answering randomly
    9·1 answer
  • Shop keeper buys a television from a manufacture the shopkeeper sells the television for $ 2700 at a profit 20% how much money d
    5·1 answer
  • Who can helppp ?????!
    12·1 answer
  • Which of the following rational functions is graphed below?
    10·2 answers
  • 15/16 as a decimal rounded to the nearest tenth
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!