A factory equipment has an initial cost of P200,000.00. Its salvage value after ten years is P20,000.00. As a percentage of the initial cost, what is the straight-line depreciation rate of the equipment?

Q: Water damage from a major flood in a Midwestern city resulted in damages estimated at $108 million.…

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Q: Find the compound interest on Rs4000 for the 5th year when the rate of intrest is 8%p.a

A: Given : Principal amount (P) = Rs4000 No. of Year (n) = 5 Rate if interest per annum (i) = 8%=0.08

Q: Assume that cigarettes cost $9.50 per pack and consider a 20 year old  college student smoker who…

A: Here given  cost of 1 cigarette= $ 9.5 and college student somkes 16 packs per month  And now he…

Q: What is the rate if a principal of 11000 earned $1815 interest in 3 years.

A: Given,          The rate if a principal of 11000 earned $1815 iterest in 3 years.We that that,…

Q: Mary purchased 1,700 shares of a certain stock for $23,750 (including commissions). He sold the…

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Q: If a Bond has duration of 11 years with a bond price of 1000 and a yield to maturity of 4%. If the…

A: Bond duration = 11 years Bond price = 1000 Yield to Maturity(YTM) = 4% To find: What is the bond…

Q: A new truck costing $50,000 with a residual value of $4,000 has an estimated useful life of five…

A: given that new truck cost = $50,000 residual value = $4,000

Q: A vehicle purchased for $20,700 depreciates at a constant rate of 8%. Determine the approximate…

A: Vehicle purchased for $20,700 Rate of depreciation is 8% Time = 11 years To determine the value of…

Q: The figure shows estimated medical costs versus what a user actually pays for three health insurance…

A: Observe the graph clearly you can see that at 3000 estimated cost Value for 1000 deduction is around…

Q: an investment firm has a sob opening with a salary of $42,000 for the first year. during the next 39…

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Q: 2. Find the interest rate where difference between the compound interest and simple interest on a…

A: Consider the provided question, Hello. Since your question has multiple parts, we will solve one…

Q: A vehicle purchased for $29,800 depreciates at a constant rate of 9%. Determine the approximate…

A: Here we have to find the depreciation in the value of the vehicle

Q: What is the simple interest rate on a $1350 investment paying $319.82 interest in 10.3 years?  %…

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Q: A $500 bond matures in 25 years. What should you be willing to pay for the bond now if you want an…

A: To calculate the present amount of bond that is willing to pay if amount of bond is $500, the time…

Q: c. If he worked a total of 94 hours during his last bi-weekly pay-period, calculate his gross…

A: We are asked to find his annual salary and over time rate of pay etc.

Q: What is the dividend yield on Stock A that sells at $20/share, when Company A pays a quarterly…

A: Quarterly dividend=$0.20Share price=$20To find Dividend Yield

Q: Over the previous period, your company had accounts receivable of $95,800 and credit sales of…

A: Given accounts receivable=$95,800 credit sales= $573,229.51 to find out: average collection period=?…

Q: Wilson Steel Company had ending inventory of $254,300 this year, ending inventory of $156,000 last…

A: Given that,   The ending inventory of Wilson steel company this year = $ 254,300   The ending…

Q: The comparative income statement of Lawn Products, Inc. showed sales of $325,000 in 2004 and…

A: The comparative income statement of lawn products,   Inc showed sales in years 2004 is = $ 325,000…

Q: The average price of tuition and fees at public 4-year colleges and universities increased from…

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Q: the yield to maturity for uired rate of return is 1:

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Q: Calculate the time needed on an investment of  $400,000 to gained                           an…

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Q: c) AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated…

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Q: Keith was receiving rental payments of $2,000 at the beginning of every month from the tenants of…

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Q: Find the effective rate corresponding to a slated rate of 10% compounded montly.

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Q: Find the effective rate of interest corresponding to a nominal rate of 6% compounded semiannually.

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Q: How much interest was earned by an investment that earns at a rate of 9% compounded semi-annually…

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Q: Anny takes out a loan of $1,600, at 4% interest, for 42 months. Use the formula  MV = P + I  to…

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Q: Mitchel started work in 1995 at an annual salary of Rs 5000 and received an increament of Rs 200…

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Q: Suppose that a life insurance company insures 4200 ​40-year-old people in a given year.​ (Assume a…

A: Given information Company insures 4200 people Cost of premium = $300 Death Benefit = 55,000

Q: If the markup on an item is 30.00% of its selling price, calculate the markup as a percentage of the…

A: To calculate the markup as a percentage of the cost of the item if the markup on an item is 30.00%…

Q: What interest rate was applied for P16, 400 to earn interest of P3, 600 invested for 650 days using…

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Q: A vehicle purchased for $29,800 depreciates at a constant rate of 6%. Determine the approximate…

A: Given, The original value of the vehicle, P = $29,800, Rate of depreciation, r = 6% = 0.06 Time, t =…

Q: A payment of R150 000 due in 30 years' time is purchased from a company by means of level monthly…

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Q: A machine costs $3100 when new, it wears out in 12 years, and its final scrap value is $100.  Under…

A: Please see the attachment

Q: A granite quarry purchased for P1,600,000 is expected to be exhausted at the end of 4 years. If the…

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Q: A certain corporation purchased a machine for plastic lamination of posters for 720,000. At the end…

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Q: A vehicle purchased for $32,500 depreciates at a constant rate of 4%. Determine the approximate…

A: Depreciation on a vehicle can be determined by the formula v = c ( 1-r)t ---- [ I] where V is the…

Q: What is the value of an asset after 8 years of use if it depreciates from its original value of…

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Q: dividend of ₱160.90 per share last year. If yesterday’s last price was ₱2700, what is the current…

A: Please check the answer in next step

Q: A phone company charges an activation fee of $27.00, plus a cost of  $50.00 for a monthly plan.…

A: Given: A phone company charges an activation fee of $27.00, plus a cost of  $50.00 for a monthly…

Q: At the initial time of its purchase, an investment held by Dustin was worth $22,400, but starts to…

A: Given initial value=P0 = $22400 rate of depriciation, r=4%=0.04

Q: What is the total investment of $3500 compounded quarterly for 8 years at a rate of 5%? And what is…

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Q: If the annual rate of inflation is 4%, find the price of a good at the end of a year if its price at…

A: Let the price at the end of the year is x then by the formula of inflation x-2525×100=4% Because…

Q: A vehicle purchased for $32500 depreciates at a constant annual rate of 7% . Determine the…

A: Use simple formula

Q: Determine the capitalized cost of an equipment costing P2M with and annual maintenance of…

A: Given equipment costing= P2M=P2,000,000,as 1M=1,000,000  Given annual maintenance = P 200,000. We…