How long will it take for $5,000 to grow to $15,000 at 6% annual interest? state your answer in years (rounded to the nearest tenth of a year, meaning 3.12 years would be entered as 3.1 for example). note: you could consider using excel functions for this problem.

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.