SOLVE THE EQUATIONS
Stallone's sub shop purchased a delivery van for $24,000. Suppose that MACRS allows delivery vans to be depreciated fully in 6 y
2 answers:
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.
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Where,
A: it is the initial amount
b: is the growth rate
x: is the number of years
Substituting values we have:
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Answer:
See attached image.
Where,
A: it is the initial amount
b: is the growth rate
x: is the number of years
Substituting values we have:
We have a growing exponential function because the value of b is greater than 1.
Answer:
See attached image.
first off, is noteworthy that's the graph of an exponential function, thus the function will be along the lines of g(x) = abˣ , now, what's "a" and "b" values?
well, let's take a peek when x = 0 and x = 1.