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:
I know this isn't a real question,but you would have 11 dead bodies,I think
Step-by-step explanation:
Answer:
24.5 pi in^2
or 76.93 in^2 (Multiplied by 3.14)
Step-by-step explanation:
A = piR^2
Answer:
Step-by-step explanation:
1. A boat is marked up 20% on the original price. The original price was $50. What is the sale price of the boat before sales tax?
$50(1+0.20) = <u>$60</u>
2. Fred buys a video game disk for $4. There was a discount of 20%. What is the sales price?
$4(1-0.2) = <u>$3.20</u>
3. A painting is on sale at 50% off. The sale price is $320. What was the original price?
X*(1-0.5) = $320
X = $320/0.5
X = $640
