Business, 08.10.2019 19:00 genyjoannerubiera
Apex fitness club uses straight-line depreciation for a machine costing $23,860, with an estimated four-year life and a $2,400 salvage value. at the beginning of the third year, apex determines that the machine has three more years of remaining useful life, after which it will have an estimated $2,000 salvage value. required: 1. compute the machine’s book value at the end of its second year. 2. compute the amount of depreciation for each of the final three years given the revised estimates.
Answers: 2
Business, 22.06.2019 13:20, Jasten
Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?
Answers: 3
Business, 22.06.2019 13:50, tinasidell1972
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