Given that the book value of the automobile that was purchased is 30,000 and is to be depreciated for 3 years using MACRS method of depreciation the value of the automobile at the end of the year is 8,640 dollars. This is computed by summing up the depreciation for the firswt 3 years which is equal to 71.2 per cent less 100 then it will be multiply to 30,000.
Principal amount of money deposited by Mat in the bank = $2000
Rate of simple interest given by the bank = 10%
Number of years for which the money is kept in the bank = 5 years
As no money was withdrawn from the account, so
Amount after 5 years = Principal [1 + (Rate * Time)]
= 2000 [ 1 + (10/100) * 5]
= 2000 [ 1 + (1/2)]
= 2000 * (3/2)
= 1000 * 3
= 3000 dollars
So the amount of money made by Mat after 5 years will be $3000.00
Answer:
This system has no solution
Step-by-step explanation:
If this is the real question,it has no solution
Answer:
The answer I believe is 20
Step-by-step explanation:
Just add -34 + 54
, and do not round your answer.
