A machine costing P45,000 is estimated to have a salvage value of 14,350 when retired at the end of 6 years. Depreciation cost is computed using a constant percentage of the declining book value. What is the annual rate of depreciation in %?

Q: A manufacturer of vertical blinds purchases raw materials for $17.00 per set of blinds and has a…

A: Given that: Cost of blinds =  $17 per set Markup = $130 per set of blinds.Operating profit = 55% of…

Q: Find the nominal rate of interest that, when compounded monthly, yields an effective interest rate…

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Q: Find the effective rate of the interest that is equivalent to an 9% rate compounded monthly.

A: Effective rate of interest :   The Effective Annual Interest Rate (EAR) is the interest rate that is…

Q: What is the rate on an investment that doubles $9916 in 20 years? Interest is compounded quarterly.

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Q: Use the price model to estimate the price per sleeping bag when the weekly demand is 187. Round to…

A: We have to find the price per sleeping bag.

Q: a. What was the average rate of return on his investment over the 3 years? Answer in exact form, or…

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Q: Upgrading a Class B office space to a Class A space will cost $8,085. How much will the monthly rent…

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Q: $25,000 is deposited into an account that pays 6.75% interest compounded continously. How long will…

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Q: Trinh invested $3800 at an annual interest rate of 8%, compounded annually. How much will she have…

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Q: If the price of gold decreases at a monthly rate of 1.8%, by what percentage does it decrease in a…

A: Consider the price of the gold is 100. Since after a period of 12 months the price of the gold…

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: A vehicle purchased for $22400 depreciates at a constant rate of 8%. Determine the approximate value…

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Q: If prices increase at a monthly rate of 2.6% by what percentage do they increase in a year?

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Q: At what nominal rate compounded semi-annually will Php5,000 amount to Php6,000 in 2 years? What is…

A: Given n=2, P=Php5,000, A=Php6,000, t=2. We first find nominal interest rate (assumse r%).

Q: How long will it take an investment of $8,000 to grow to $10,000 if the investment earns interest at…

A: The compound interest formula ( if the interest is compounded on daily basis) is given by:

Q: How many years if the computed total conversion periods is 51 when compounded quarterly?

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Q: the per age. (R your earest cel $800,000 borrowed at 7% for 2 years, with quarterly payments

A: Use formula of periodic payment

Q: Find the half-life (in hours) of a radioactive substance that is reduced by 1515 percent in 6060…

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Q: The half-life of carbon-14 is about 5730 years. If 1 gram of carbon-14 is present in a sample, how…

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Q: If prices increase at a monthly rate of 3.4%, by what % do they increase in a year?

A: Annual increase = (((monthly increase+100)/100 )12 -1) 100 Hence Annual increase = ((103.4/100)12…

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: If P1000 accumulates to P1500 when invested at a simple interest for three years, what is the rate…

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Q: Jennifer Marlowe was making $43,276 in 1980. Use the CPI table to determine whát her salar would be…

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Q: Find the annual yield corresponding to a nominal rate of 8 1/2% compounded monthly.

A: Annual yield implies the total amount earned on the investments or deposits done, when the interest…

Q: algebra

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Q: If Abigail purchased a phone for $245 and sells it for $262: a. Calculate the rate of markup. %…

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Q: A piece of machinery valued at $30,000 depreciates at a rate of 10% yearly. How long will it take…

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Q: Your parents purchase $120,000. After 12 yea doubled in value. Wha rate that could generat

A: Present value of the house P(0) = $120,000 time t=12 years rate =r%  After 12 years the amount will…

Q: How long will it take to double the sum of money at 5% annual percentage rate?

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Q: A certain battery has had a capa dropped to a capacity of 70 amp percent decrease in capacity.

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Q: José bought a motorboat for $ 27,000. Its useful life is 9 years and it has a residual value of $…

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Q: Find the half-life (in hours) of a radioactive substance that is reduced by 10 percent in 90 hours.

A: Half-life = 0.693/(Decay constant)

Q: Find the annual yield corresponding to the nominal rate of 4% compounded quarterly. (Round the…

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Q: Find the nominal rate p.a. convertible quarterly corresponding to an effective rate of 8% p.a.

A: Given: Effective rate E  = 8% it is given that nominal rate convertible quarterly, that is  n = 4…

Q: In 1998 the annual cost of attending a public college was $10,069, and the costs were climbing by 6%…

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Q: A boat is worth $7,000 when it is 5 years old and $2,000 when it is 10 years old. What is the rate…

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Q: A vehicle purchased for $20700 depreciates at a constant rate of 9 % . Determine the approximate…

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Q: kawla invests 3000 tl in an bussiness earning 4.5% profit rate which is compounded annually. how…

A: Explanation below

Q: If the price of gold decreases at a monthly rate of 2.6% by what percentage does it decrease in a…

A: We have to find given percentage decrease.

Q: You paid $10,000 for a car whose value is depreciating by 14% per year, compounded annually.…

A: Given,Principle = $10000Interest rate = 14%Time period =3 years

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: A factory equipment has an initial cost of P200,000.00. Its salvage value after ten years is…

A: Please check step 2 for the solution.

Q: If prices increase at a monthly rate of 3.2%, by what percentage do they increase in a year?

A: ANSWER :

Q: A house with an original value of $160,000 increased in value to $220,000 in 5 years. What is the…

A:

Q: Thompson Laser Company had ending inventory of $163,600 this year, ending inventory of $134,000 last…

A: Given that,   The ending inventory of Thompson laser company this year = $ 163,600   The ending…

Q: The hourly wagre of workers was raised once a year and grew exponetionally from $10.00 to $12.49 in…

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

A: Use simple formula

Q: An encoder receives a starting monthly salary of P8,000 with a monthly increase of P1000 for…

A: