<span>The annual depreciation expense is $9,000, calculated as follows Cost of the asset is $80,000 less $8,000 salvage value which reduces the cost to $72,000. Useful life is 8 years. To determine annual depreciation expense using straight-line method, divide asset cost of $72,000 by 8 years of useful life equals $9,000 per year.</span>
Answer:
Total cost of boots = $56.02
Step-by-step explanation:
$59 x 0.90 = $53.10
$53.10 x 1.055 = $56.02
or
59 x 0.10 = 5.9
59 - 5.9 = $53.10
53.10 x 0.055 = $2.92 tax
$53.10 + $2.92 = $56.02
Answer:
50
Step-by-step explanation:
let x = total DVD rentals
450=9x
450/9=x
50=x
50 DVDs were rented
Firstly, let's create a function of f(t) where t represents the time that has past, and f(t) represents the amount of rainwater. We know that when t=1, then f(t)=10, and t=2 then f(t)=15. So, let's take that and analyze it:
(1,10)
(2,15)
m = (15-10)/(2-1) = 5
y-intercept = 5
∴ f(t) = 5t+5
Now we just evaluate t for 10:
f(10) = (5*10)+5
f(10) = 55
