Answer: The answer is B
Step-by-step explanation:
Answer:
Simple Interest (I) = Principle * Rate * Time
so I = PRT
P = $47300
R = 3% = 0.03
T = 4months = 0.33years
so
Assuming its per year after 4month
I = (47300)(0.03)(0.333333)
I = 472.999527
I = $473
Now we'd add the interest(I) to the Principle
$47300 + $473 = $47773.00
Assuming it is per month, after 4months
I = PRT
I = (47300)(0.03)(4)
I = $5676.00
Now add the interest to the principle
$47300 + $5676 = $52976.00
Step-by-step explanation:
there you go hope this help
44 that's a tricky question at first i thought it was -1 lol
Answer:The value of the bulldozer after 3 years is $121950
Step-by-step explanation:
We would apply the straight line depreciation method. In this method, the value of the asset(bulldozer) is reduced linearly over its useful life until it reaches its salvage value. The formula is expressed as
Annual depreciation expense =
(Cost of the asset - salvage value)/useful life of the asset.
From the given information,
Useful life = 23 years
Salvage value of the bulldozer = $14950
Cost of the new bulldozer is $138000
Therefore
Annual depreciation = (138000 - 14950)/ 23 = $5350
The value of the bulldozer at any point would be V. Therefore
5350 = (138000 - V)/ t
5350t = 138000 - V
V = 138000 - 5350t
The value of the bulldozer after 3 years would be
V = 138000 - 5350×3 = $121950
Answer:
165
Step-by-step explanation: