Depreciation is an accounting method for allocating the cost of a tangible or physical asset over its <u>usable life</u>. Depreciation is a term used to describe<u> how much</u> of an asset's worth has been used.
<h2>Given:</h2>
Initial value of the Car = 25,000
Depreciation of the Car= 15% per annum based on net book value
<h3>The computation:
</h3>
Note: t = Number of years
![\text{Net book value} = 25,000 (1 - 0.15)^t](https://tex.z-dn.net/?f=%5Ctext%7BNet%20book%20value%7D%20%3D%2025%2C000%20%281%20-%200.15%29%5Et)
![NBV = 25,000 (0.85)^5\\\ NBV = 25,000 (0.4437)\\\ NBV = 11,092.50 ](https://tex.z-dn.net/?f=NBV%20%3D%2025%2C000%20%280.85%29%5E5%5C%5C%5C%0A%0ANBV%20%3D%2025%2C000%20%280.4437%29%5C%5C%5C%0A%0ANBV%20%3D%2011%2C092.50%0A%0A%0A)
As a result, the car's approximate value 5 years after purchase is 11,092.50.
For more information about computing sum, refer below:
brainly.com/question/1373966
Answer:
7,540
Explanation:
Principle is $13,000
Rate is 5.8%
Time is 10 years
Therefore the simple interest can be calculated as follows
= principle × rate × time
= 13,000 × 5.8/100 × 10
= 13,000 × 0.058×10
= 7,540
Hence the simple interest is 7,540
Answer:
A share of Citigroup stock represents a claim on Citigroup's assets that gives the purchaser a share of the corporation.
Depending on whether you are an investor or the corporation, a bond is more or less riskier than a stock.
If you are an investor, buying a bond is safer than buying stock since in a worse case scenario where the company goes bankrupt, bond holders are paid before than stockholders. Also bonds provide fixed periodic payments (coupons) and a final payment of the face of the bond at maturity date.
If you are the corporation, issuing bonds is riskier than issuing stock since you have the obligation of making fixed periodic payments to bondholders (coupons) and must pay the face value at maturity date. On the other hand corporations don't have any legal obligation to pay dividends.
When it comes to game design, it is false to say that<u> </u><u>Games design </u><u>is not a </u><u>STEM career</u><u> because it is just abou</u><u>t making entertainment.</u>
Game design:
- Incorporates the feedback of users to make better games.
- Is quite iterative.
- Requires that many different people from different careers work in different teams.
Game design is a STEM career because it requires people with expertise in science, technology, and engineering. It would be false to say that these careers are not present in game design.
In conclusion, option B is correct.
Find out more on STEM careers at brainly.com/question/20250489.