An engineer bought an equipment for P500,000. Other expenses including installation amounted to P30,000. At the end of its estimated useful life of 10 years, the salvage value will be 10% of the first cost. Using straight line method of depreciation, what is the book value after 5 years

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

A:

Q: A merchant buys a bill of goods requiring the payment of P1500 at the end of 180 days. He is offered…

A: Consider the provided question, He offered a 5% discount if he could pay it on 30 days.

Q: Tom and Jerry decided that their profit and loss sharing ratio should be equal to their initial…

A:

Q: What is the overall rate of return on a $190,000 investment that returns 17% on the first $60,000…

A: Given $190000 Investment that return 17% on the first $60000 and 14% on the remaining money?

Q: 4. Madam Sara saves RMy in a bank. After 4 years, the total amount of her savings is RM15 500. If…

A: Solution: The principal amount is RM y The total amount is RM 15,500 Time period is 4 years The…

Q: Mustafa contributes 15% of his $67,200 annual salary to his 401(k) plan. What is his pretax income?

A: Given that Mustafa’s annual salary is $67,200 he is contributing 15% of his annual salary to his…

Q: If a nine-month term deposit at a bank earns a simple interest of 9% per annum, how much will have…

A: Simple interest: As the name indicates it is a simple interest computed on the amount of principal.…

Q: The manager of Brass Antiques has determined that a markup rate of 27% is necessary for a profit to…

A: We will find out the required value.

Q: A company rents an office building for $5500 per month. If they spend $49,920 to upgrade the…

A:

Q: An individual wants to deposit $113000 into two investment accounts. One account pays 6% annual…

A:

Q: A fuel company charges monthly finance fees of 1.6 percent for the first $500 due and 0.4 percent…

A: The term per cent means for every hundred. A fraction whose denominator is 100 is called a…

Q: You are offered a job that pays $30,000 for the first year with an annual increase of 5% per year…

A:

Q: What is the rate of interest ( as a % ) on a loan of $7000, for 236 days, if the amount of interest…

A:

Q: suppose you pay back $455 on a $425 loan. You had the loan for 120 days. what is your simple annual…

A: Formula for simple interest:A=P1+rtwhere A= Total amount         P=initial amount         r=…

Q: Marcy is working in a​ 2-year probationary period as a paralegal. She currently earns 36,160 a year…

A: This is a problem concerning  simple percentages (similar to simple interest  calculation)

Q: If you spend Php50,000 to purchase a cheese shop and can expect a net revenue of Php11,500 per year,…

A:

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: For $42,350,000, Wesco Developers purchased land which their experts believe to contain 28.5 million…

A: For $42,350,000, Wesco Developers purchased land which their experts believe to contain 28.5 million…

Q: What total amount ($) must be invested over seven years at 5 % annual interest to give the same…

A:

Q: An insurance company sells a policy that pays $50,000.00 in case of accidental death. According to…

A: Here we want to find premium value.

Q: An investment increases in value by 35%. If the final valye is $5,298.75, then what was the initial…

A: Percentage problem.....

Q: How much should Winona deposit in his savings account so that he will be able to withdraw ₱580,450…

A: We will find out the required value.

Q: If a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A: Given: The value of r is 9%

Q: What is the simple interest rate on a $1950 investment paying $513.83 interest in 8.5 years

A:

Q: Mr. Cruz sold a chair at a loss of 15%. If he had sold at a mark up rate of 10%, he would have got…

A: Please see the attachment

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: A father deposited a total amount of P88,500 on two different investments. The first investment…

A: Formula:final amount = principal amount(1+rt) Let, the first investment=xThe second investment…

Q: How much money will be in the account of Mr. Jinyoung Park at the end of three years, if he invested…

A: Given:- If invested ₱5,000 in an account paying 8% annually for three years To find:- How much money…

Q: If the annual dividend per share for a company is $0.14 and the closing price $21.81, then the Stock…

A:

Q: The price of a home is $220,000, financed at 7% with a 30 year fixed rate. 20% down and 3 points…

A: The down payment is = Price of Home × percentage of down payment = $( 220,000 × 20%)…

Q: Annie bought one dozen smartphones for P200,000.00 with a discount of 5%. She sold half dozen at a…

A: Given the cost of 12 dozens of smartphones P 200,000 with a discount of 5%

Q: A real estate photographer would like to invest in a drone camera so that she can take better aerial…

A: Given: Cost of drone =$1800 which is used for the next 2 years The generated additional; photography…

Q: Prisha, James, and Zhang each invested $7,000, $24,000, and $18,000, respectively, into a business.…

A: We will find out the required values.

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

A:

Q: LC5Q8. What is the depreciation amount using the straight-line method on an asset costing OMR 15000…

A: We will find the depriciation amount.

Q: For a sum of money to double itself in 12.1 years, what must be the rate of interest converted…

A: To find- For a sum of money to double itself in 12.1 years, what must be the rate of interest…

Q: Brod Pete sold his 300m² lot worth 225,000 pesos /m² . Mr. And Ms Long was interested to buy the lot…

A: Expected selling price of the lot = 225,000 pesosm2                            atotal area of the…

Q: Kimberly has just started her first job and decides to begin saving for a car. She opens a savings…

A: We have to find the amount in the account on October 1, 2010.

Q: Mr. Azu invested an amount at rate of 12% per annum and invested another amount, GH¢ 580.00 more…

A:

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

A:

Q: A $40,000 investment in a mutual fund doubled to $80,000 in 5 years. What was the investment’s…

A:

Q: New Kia Soul costs $17,546. After one year its cost depreciation is 13%. What is a price of Kia Soul…

A: The value of vehicles depreciates with time. So we have to calculate depreciation cost and reduce it…

Q: what is the rate of return when 25 shares of stock a, purchased for 30/share, are sold for $825? The…

A:

Q: If inflation has been running at 2.51% per year and a new car costs $36,400 today, what would it…

A: We have to use compound interest series formula. Let 4 years ago the price was x. Therefore…

Q: If Tina wants to earn 10% annual simple interest on an investment, how much should she invest to…

A: Topic:- simple interest

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: How much interest will Angel pay if she borrowed P120 000 payable in 8 months at 2.5%?

A:

Q: A UV machine cost 550,000 pesos and has a salvage value of 10% of its cost at the end of its…

A: * SOLUTION :-