Year 1: 1,300 * 55% = 715 depreciation
1,300 - 715 = 585 book value
Year 2: 585 * 55% = 321.75 depreciation
585 - 321.75 = 263.25 book value
Year 3: 263.25 * 55% = 144.79 depreciation
263.25 - 144.79 = 118.46 book value
If the bike was bought 2 years ago, then its current value is $263.25.
Currently, it is the beginning of Year 3 but depreciation is computed at the end of the year.
Answer:
A=4
B=3.5
C=4.5
Step-by-step explanation:
count the squares divide by 4
The answer to the question
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Answer: In 4 years, you will have $10,988.06
I hope this helped!
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- Zack Slocum
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