For tax purpose an item may be depreciated over a period of several years. With the straight-line method of depreciation, each year the item depreciates by (1/n)th of its original value. With the double-declining-balance method of depreciation, each year the item depreciates by (2/n)ths of its value at the beginning of that year. (In the final year it is depreciated by its value at the beginning of the year). Write a program that perform the following tasks: a) Request a description of the item, the year of purchase, the cost of the item, the number of years to be depreciated (estimated life), and the method of depreciation. b) Display a year-by-year description of the depreciation in a table setting. See Output Examples below: Output Examples Enter name of item purchased: computer Enter year purchased: 2016 Enter cost of item: 2000 Enter estimated life of item (in years): 5 Enter method of depreciation (SL or DDB): SL Description: computer Year of purchase: 2016 Cost: $2,000.00 Estimated life: 5 years Method of depreciation : straight-line 2016 2017 2018 2019 2020 Value at Beg of Yr. 2,000.00 1,600.00 1,200.00 800.00 400.00 Amount Deprec During Ÿear 400.00 400.00 400.00 400.00 400.00 Total Depreciation to End of Year 400.00 800.00 1,200.00 1,600.00 2,000.00 Enter name of item purchased: computer Enter year purchased: 2016 Enter cost of item: 2000 Enter estimated life of item (in years): 5 Enter method of depreciation (SL or DDB): ddb Description: computer Year of purchase: 2016 Cost: $2,000.00 Estimated life: 5 years Method of depreciation: double-declining balance 2016 2017 2018 2019 2020 Value at Beg of Yr. 2,000.00 1,200.00 720.00 432.00 259.20 Amount Deprec During Ÿear 800.00 480.00 288.00 172.80 259.20 Total Depreciation to End of Year 800.00 1,280.00 1,568.00 1,740.80 2,000.00
For tax purpose an item may be depreciated over a period of several years. With the straight-line method of depreciation, each year the item depreciates by (1/n)th of its original value. With the double-declining-balance method of depreciation, each year the item depreciates by (2/n)ths of its value at the beginning of that year. (In the final year it is depreciated by its value at the beginning of the year). Write a program that perform the following tasks: a) Request a description of the item, the year of purchase, the cost of the item, the number of years to be depreciated (estimated life), and the method of depreciation. b) Display a year-by-year description of the depreciation in a table setting. See Output Examples below: Output Examples Enter name of item purchased: computer Enter year purchased: 2016 Enter cost of item: 2000 Enter estimated life of item (in years): 5 Enter method of depreciation (SL or DDB): SL Description: computer Year of purchase: 2016 Cost: $2,000.00 Estimated life: 5 years Method of depreciation : straight-line 2016 2017 2018 2019 2020 Value at Beg of Yr. 2,000.00 1,600.00 1,200.00 800.00 400.00 Amount Deprec During Ÿear 400.00 400.00 400.00 400.00 400.00 Total Depreciation to End of Year 400.00 800.00 1,200.00 1,600.00 2,000.00 Enter name of item purchased: computer Enter year purchased: 2016 Enter cost of item: 2000 Enter estimated life of item (in years): 5 Enter method of depreciation (SL or DDB): ddb Description: computer Year of purchase: 2016 Cost: $2,000.00 Estimated life: 5 years Method of depreciation: double-declining balance 2016 2017 2018 2019 2020 Value at Beg of Yr. 2,000.00 1,200.00 720.00 432.00 259.20 Amount Deprec During Ÿear 800.00 480.00 288.00 172.80 259.20 Total Depreciation to End of Year 800.00 1,280.00 1,568.00 1,740.80 2,000.00
Operations Research : Applications and Algorithms
4th Edition
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Wayne L. Winston
Chapter12: Review Of Calculus And Probability
Section12.5: Random Variables, Mean, Variance, And Covariance
Problem 5P
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NEED HELP WITH PYTHON. PLEASE PASTE UR INDENTED CODE SO I won't HAVE TO INDENT IT LATER. AND PLEASE SHOW THE PROCESS OF UR WORK.
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