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DaniilM [7]
2 years ago
14

Carla Vista Co. bought a machine on January 1, 2017. The machine cost $180000 and had an expected salvage value of $27000. The l

ife of the machine was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is
Business
1 answer:
igomit [66]2 years ago
7 0
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There are some liabilities, such as income tax payable, for which the amounts must be estimated. Failure to estimate these amoun
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$1000 Principal with a 6% Interest Rate, Compounded Semi-Annually for 3 years.
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Answer:

$1,194.05

Explanation:

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Since interest is compounded semi-annually, r will be 0.06 /2 = 0.03

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A=$1,194.05

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