9(3)-4
27-4
3 your answer is 3
Given:
depreciation rate: 18%
Value of the car : 20,000
Age of the car : 4 years.
The depreciation is based on the current value of the car. Therefore, the amount of depreciation varies.
<span>
<span>
</span><span><span>
yr Beginning Value Dep. Rate Depreciation Ending Value
</span>
<span>
1
<span> 20,000.00 </span>18%
<span> 3,600.00 </span>
<span> 16,400.00
</span>
</span>
<span>
2
<span> 16,400.00 </span>18%
<span> 2,952.00 </span>
<span> 13,448.00
</span>
</span>
<span>
3
<span> 13,448.00 </span>18%
<span> 2,420.64 </span>
<span> 11,027.36
</span>
</span>
<span>
4
<span> 11,027.36 </span>18%
<span> 1,984.92 </span>
<span> 9,042.44
</span>
</span></span></span>
The current value of a car bought 4 years ago is 9,042.44
Beginning value : purchased amount on 1st year. then, ending balance of the previous year from 2nd year onwards.
Depreciation : Beginning value * depreciation rate
Ending value : Beginning value - depreciation
Answer: 12sq. in
Step-by-step explanation:
3 square inches times 4 square inches is 12 square inches
