subject
Mathematics, 01.07.2020 15:01 Aj85537

A construction company buys a bulldozer for $26,000. The company expects the useful life of the machine to be 12 years, at which time its value will have depreciated to $6000. The company uses the declining balances method for depreciation, so the annual depreciation rate r (in decimal form) is given by the formula r=1−(S/C)^1/n . In the formula, n is the useful life of the item (in years), S is the salvage value (in dollars), and C is the original cost (in dollars). What annual depreciation rate (in percent form) did the company use? Round your answer to the nearest tenth.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 14:30, ack12
What is the prime factorization of 195
Answers: 2
image
Mathematics, 21.06.2019 17:30, ooorozco
Assume that 1400 births are randomly selected and 1378 of the births are girls. use subjective judgment to describe the number of girls as significantly high, significantly low, or neither significantly low nor significantly high. choose the correct answer below. a. the number of girls is neither significantly low nor significantly high. b. the number of girls is significantly high. c. the number of girls is significantly low. d. it is impossible to make a judgment with the given information.
Answers: 1
image
Mathematics, 21.06.2019 19:00, william03300
Aflower has 26 chromosomes. to create a new flower, how many would a sperm cell have what is called?
Answers: 1
image
Mathematics, 21.06.2019 19:30, shanua
Needmax recorded the heights of 500 male humans. he found that the heights were normally distributed around a mean of 177 centimeters. which statements about max’s data must be true? a) the median of max’s data is 250 b) more than half of the data points max recorded were 177 centimeters. c) a data point chosen at random is as likely to be above the mean as it is to be below the mean. d) every height within three standard deviations of the mean is equally likely to be chosen if a data point is selected at random.
Answers: 2
You know the right answer?
A construction company buys a bulldozer for $26,000. The company expects the useful life of the mach...

Questions in other subjects:

Konu
Mathematics, 23.04.2020 01:11