A machinery depreciated by 40% in the first year, 25 per cent in the second and 10% p.a. during the next three years. What is the average rate of depreciation during the whole period?

Q: A new machine for your factory has a first cost of $200,000 and a useful life of 20 years. The…

A: The benefit-cost ratio is the ratio of the present value of the benefits and the present value of…

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

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Q: A vehicle purchased for $22400 depreciates at a constant rate of 5 % . Determine the approximate…

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Q: What is the effective annual yield if a deposit of $1000 grows to $3300 in 12 years?

A: We know that the compound interest formula is  S=P1+rnnt where S is the amount after t years ,P is…

Q: Suppose that the population of a small city grew from 15000 people to 17,589 people during a 2 year…

A: We have the given statement as Suppose that the population of a small city grew from 15000 people…

Q: Find the average rate of increase in population which in the first decade had increased by 20%, in…

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Q: (b) The number of divorces per 1000 marriages in a big city in Europe incrcased from 96 in 1960 to…

A: Growth rate is used to measure the increased rate of growth over a period of year. It is calculated…

Q: The annual number of burglaries in a town rose by 50% in 2012 and fell by 10% in 2013. Hence the…

A: Given, The annual number of burglaries in a town rose by 50% in 2012 and fell by 10% in 2013. Hence…

Q: A vehicle purchased for $25000 depreciates at a constant rate of 4%. Determine the approximate value…

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Q: A vehicle purchased for $27500 depreciates at a constant rate of 9 %. Determine the approximate…

A: We have to find the cost if vehicle after 12 years with constant depreciation if 9%

Q: If the rate of growth in sales of company for five years is 5%, 7.5%, 2.5%, 5% and 10% respectively,…

A: It is given that the rate of growth in a company is 5%,7.5%,2.5%,5% and 10% We need to find the…

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: Suppose you deposit $6000 at 5% interest compounded continously. Find the average value of your…

A: We will solve the problem.

Q: A vehicle purchased for $20700 depreciates at a constant rate of 8%. Determine the approximate value…

A: The formula for the amount of depreciation of an asset is given by A=V1-rn where A is the amount of…

Q: If the price of commodity doubles in a period of 4 years, what is the average percentage increase…

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Q: Estimate the price of one barrel of crude oil on January 12, 2015, and the rate at which it was…

A: Estimate the price of one barrel of crude oil on January 12, 2015, and the rate at which it was…

Q: A vehicle purchased for $20700 depreciates at a constant rate of 7 % . Determine the approximate…

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Q: A man earns GH¢3,840.00 per annum and pays an income tax of GH¢48.00 per month. What percentage of…

A: We will have need to calculate the tax given in a year

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: Suppose you deposit $3000 at 4% interest compounded continously. Find the average value of your…

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Q: A vehicle purchased for $27500 depreciates at a constant rate of 4%. Determine the approximate value…

A:

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

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Q: A retired couple have a fixed income of $3500 per month. Assuming an annual infl ation rate of 7%,…

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Q: The recorded total number of accidents in a 1.5km section of highway from 2016-2020 is 557. If the…

A: Use the formula for accident rate and Substitute the given datas than simplify.

Q: The Laspeyres method uses the amounts consumed in the base period, qo, as weights to determine a…

A: Solution: For the contraction of price index number quantity weights are used.  If w is the weight…

Q: Suppose you deposit $3000 at 3% interest compounded continously. Find the average value of your…

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Q: What is the effective rate (APY) of 6% compounded daily?

A: Given-  Annual rate- 6%  Compounding (m) = daily(365/yr)

Q: Suppose you deposit $3000 at 8% interest compounded continously. Find the average value of your…

A: If the interest is compounded continuously for t years at a rate of r per year then the compounded…

Q: A new mid-sized vehicle sells for $ 24,125. Maria researched used cars of the same model and found…

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Q: A vehicle purchased for $20700 depreciates at a constant rate of 4%. Determine the approximate value…

A: The vehicle's cost is being depreciated at a constant rate of 4% annually, which means the vehicle…

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 the value of Leo’s house goes up from $350,000 to $450,000 in the next 6 years, what was the…

A: Simple Growth percentage in the House value in the 6 years = (450000-350000)/350000 = 0.285714285 ~…

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: find the effective rate for a nominal rate of 6% compouded continouslt. write your answer as a…

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Q: he population of greater Lafayette is increasing at a rate of .95% each year. If the population was…

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Q: 4. If the temperature on the third day of the month is 50 degrees Celsius and 30 degrees by the 13th…

A: Given the temperature on the third day is 50 degrees Celsius and the temperature on the 13th day is…

Q: If the average yearly growth rate from 2000 to 2005 is 1.2%, estimate the percentage of college…

A: NOTE: Refresh your page if you can't see any equations. . as we can see from the graph, for the…

Q: 8. The population of Kalibo, doubled in the last 20 years, 1997 to 2017. Assuming the rate of…

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Q: The gross profit for United Parcel Service, Inc. has been increasing steadily for the past several…

A: Consider 2010 as the base year then, t=0. Then consider the table as, Years Gross Profit Years…

Q: It is known that 55% of customers who shop more than 2000 TL in a market shop in installments.…

A: Given:p=55%=0.55n=35The formula and calculations for the standard error of the sampling distribution…

Q: A vehicle purchased for $20700 depreciates at a constant rate of 7%. Determine the approximate value…

A: We have  to find

Q: Suppose you deposit $2000 at 8% interest compounded continously. Find the average value of your…

A: Given that you deposit $ 2000 at 8% compounded continuously. Here we have to find the average value…

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: Suppose that the rate of return for a particular stock during the past two years was 20% and 30%.…

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Q: A particular car model depreciates 12.6 percent annually. Find the value of a $25450 car 5 years…

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Q: A vehicle purchased for $25000 depreciates at a constant rate of 4%. Determine the approximate value…

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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: Consider the following quarterly demand level for electricity (in 1000 megawatts) in Mankweng from…

A: Let us consider, Q1 as first quarter, Q2 as second quarter, Q3 as third quarter and Q4 as four…