you want to buy a $24,000 car. the company is offering 3% interest rate for 48 months (4 years). what will your monthly payments
1 answer:
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FIRST PROBLEM AS GENIUS!!!
The 45-45-90 triangle theorem states that each leg equals x, and the hypotenuse equals
. Using this, we can find that the height is 10. Take the average of the lengths to get l = 27.
The area = 270.
The 45-45-90 triangle theorem states that each leg equals x, and the hypotenuse equals
The area = 270.
Answer:
option (a) $6,240
Step-by-step explanation:
Given:
Purchasing cost of the equipment = $82,000
Estimated life = 5 years
Salvage value = $4,000
Revised expected life = 8 years
Now,
Depreciation per year =
therefore,
The accumulated Depreciation at the beginning of year 4
= Annual depreciation × years passed
= 15,600 × 3
= $46,800
Thus,
The book value at the beginning of year 4
= Purchasing cost - Depreciation
= $82,000 - $46,800
= $35,200
Now,
The remaining life = Revised estimated life - Years passed
= 8 - 3
= 5 years
therefore,
Depreciation expense =
=
= $6,240
Hence,
The correct answer is option (a) $6,240