Answer:
The annual depreciation for the second year is $7,680.
Step-by-step explanation:
Stallone's sub shop purchased a delivery van for $24,000.
20% the first year, 32% the second year, 19.2% the third year, 11.52% the fourth and fifth years, and 5.76% the sixth year.
The annual depreciation is : The cost of the van * depreciation rate(of desired year)
The depreciation rate is 32% in the second year, so:
For, 2nd year the depreciation will be = dollars.
Therefore, the annual depreciation for the second year is $7,680.
Answer:
The sample size should be approximately 151.
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 100
Population standard deviation, σ = 15
We have to evaluate the sample size, n.
Alpha, α = 0.10
Confidence interval:
Putting the values, we get,
Thus, the sample size should be approximately 151.