A structure's reproduction cost new is $489,900. The structure has an effective age of 4 years and was built 10 years ago. Assum
1 answer:
Answer:
Annual depreciation will be $32660
Step-by-step explanation:
We have given effective year = 4 years
Economic life = 60 years
Reproduction cost of the structure = $489900
We have to calculate the annual depreciation
Annual depreciation is given by
Annual depreciation
So annual depreciation will be $32660
You might be interested in
Answer:
I didn't even realize until I had written all of the answers down that they are all <u><em>C.</em></u>
37 = C. <u>15%</u>
38 = C. <u>2</u>
39 = C. <u>48</u>
Step-by-step explanation:
37: I used process of elimination to figure out which percentage of decrease it was by just multiplying 42 by each percentage until I got 6.3 which is what you need to subtract from 42 to get 35.7, so the answer is C, or 15%.
38: A coefficient is the number that is being multiplied by the variable, which in this case is "x". So whatever answer involves "2x" is the correct answer. Therefore the answer is C, or <u>2.</u>
39: You have to add the amount of money Henry paid for painting supplies and how much profit he mad to figure out how much money he really made. 400 + 560 = 960 and he charges $20 for each painting so you need to divide 960/20 to get your answer, which is C, or 48.