Answer:The value of the bulldozer after 3 years is $121950
Step-by-step explanation:
We would apply the straight line depreciation method. In this method, the value of the asset(bulldozer) is reduced linearly over its useful life until it reaches its salvage value. The formula is expressed as
Annual depreciation expense =
(Cost of the asset - salvage value)/useful life of the asset.
From the given information,
Useful life = 23 years
Salvage value of the bulldozer = $14950
Cost of the new bulldozer is $138000
Therefore
Annual depreciation = (138000 - 14950)/ 23 = $5350
The value of the bulldozer at any point would be V. Therefore
5350 = (138000 - V)/ t
5350t = 138000 - V
V = 138000 - 5350t
The value of the bulldozer after 3 years would be
V = 138000 - 5350×3 = $121950
Answer:la respuesta es 8/0
Step-by-step explanation:
Given that a<span>
local RadioShack store wants to buy a new line of plasma TVs.
Manufacturer A offers chain discounts of 18/12, and Manufacturer B
offers terms of 17/13.
Let the list price of the plasma TVs be x, then after a chain discount of 18/12 by Manufacturer A, the selling price of the plasma TVs will be (1 - 0.18)(1 - 0.12)x = 0.82(0.88)x = 0.7216x
Also, after the discount of 17/13 by manufacturer B, the selling price of the plasma TVs will be (1 - 0.17)(1 - 0.13)x = 0.83(0.87)x = 0.7221x
Thus, the final selling price after discount by manufacturer A is 0.7216 and the final selling price after dscount by manufacturer B is 0.7221x.
Therefore, Manufacturer A offers a </span><span>single equivalent discount rate that is the best deal.</span>
