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3 years ago

Can someone please help me with business math

Mathematics

1 answer:

ale4655 [162]3 years ago

8 0

Answer:

1721 $

1612.80

Step-by-step explanation:

Straight line depreciation means depreciation is the same spread over for all the years. The spread over amount is nothing but total cost of equipment - salvage value.

Here we have

Cost of equipment(Purchase cost) ... 18000

Shipping costs ... 620

Installation costs ... 590

Total cost of equipment ... 19210

Less: salvage value at the end ... 2000

Net cost of equipment for 10 years ... 17210

Depreciation per year = Net cost /number of years of life

= 17210/10 = 1721/-

Hence answer is 1721/- for all years and also hence for year 2.

--------------------

Peach tree has an average life of 12 years. First 3 years no benefit would arise, 4 to 8 would be peak and after that slowly decreasing.

Hence in 9th year there would be least value and least depreciation.

Hence answer is $1612.80

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