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:
there would be 420 cards in total
Step-by-step explanation:
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Answer:
Step-by-step explanation:
Total number of boxes of cookies that Kendal bought to bring to the party is x.
Each box contains 12 cookies. This means that total number of cookies in x boxes would be
12 × x = 12x
She decides to keep two boxes for herself. This means that the total number of cookies that she kept for herself would be
12 × 2 = 24 cookies
She brings 60 cookies to the party.
The equation that can be used to find the number of boxes, x, Kendal bought would be
12x = 24 + 60
12x = 84
x = 84/12 = 7 boxes