Depending on the location if the house and how much you want to sell it for. Just make sure basic things such as Holes in wall’s are fixed or more noticeable details. Otherwise if the house is in good shape and appliances, heating, water are all fine then not a lot.
Answer:
$4,900
Explanation:
Cost of refrigerator = $64,000
Estimated residual value = $5,200
Useful life = 12 years
Using the straight line method,
Annual depreciation = ($64,000 - $5,200)/12
= $58,800/12
= $4,900
The difference between the cost and estimated residual value of the asset is the depreciation base of the asset over its useful life.
Answer:
The floating exchange system
Explanation:
The floating exchange rate is a system where the Forex market determines the currency price of a country relative to other currencies. The forces of demand and supply drive the prices.
In the floating exchange system, governments do not directly fix their exchange rates as they do in the fixed-exchange-rate. However, through central banks' monetary policies, governments try to keep their currency prices competitive for international trade.