For tax purpose an item may be depreciated over a period of several years. With the straight-line method ofdepreciation, each year the item depreciates by (1/n)th of its original value. With the double-declining-balancemethod of depreciation, each year the item depreciates by (2/n)ths of its value at the beginning of that year. (In thefinal year it is depreciated by its value at the beginning of the year). Write a program that perform the followingtasks:a) Request a description of the item, the year of purchase, the cost of the item, the number of years to bedepreciated (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 ExamplesEnter name of item purchased: computerEnter year purchased: 2016Enter cost of item: 2000Enter estimated life of item (in years): 5Enter method of depreciation (SL or DDB): SLDescription: computerYear of purchase: 2016Cost: $2,000.00Estimated life: 5 yearsMethod of depreciation: straight-line20162017201820192020Value atBeg of Yr.2,000.001,600.001,200.00800.00400.00Amount DeprecDuring Year400.00400.00400.00400.00400.00Total Depreciationto End of Year400.00800.001,200.001,600.002,000.00 A Web site validates a 16-digit ID number based on the following rules -1. Starting with the leftmost digit, double it and then double every other digit after it. However, if any of thedoubled digits is a two-digit number, subtract 9 from it. Then sum these new digits. For instance, if the ID cardnumber is 5866793610024475, then the digits considered are 5, 6, 7, 3, 1, 0, 4, 7, their new replacements are 1,3, 5, 6, 2, 0, 8, 5 and the sum of the replacement is 30.12346.7891011121314158.6.793614475671475*2-96*2-97*2-93*21*20*24*27*2-9=1=3=5=6=2=0=8=52. Sum together the remaining sever digits from the ID card number. That is, the digits in the odd-numberedpositions. With the ID card number above, we obtain 8+6+9+6+0+2+4+5 = 40.3. Add together the two sums. If the result is a multiple of 10, then accept the ID card number. Otherwise, rejectit. We accept the ID card number since 30+40=70, a multiple of 10.Write a program that perform data validation on an ID card number. See Output Examples below:Output ExamplesEnter a credit card number: 5866793610024475The number, 5866793610024475, is valid.

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 t 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: Dutput Examples

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 t 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: Dutput Examples

COMPREHENSIVE MICROSOFT OFFICE 365 EXCE

1st Edition

ISBN:9780357392676

Author:FREUND, Steven

Publisher:FREUND, Steven

Chapter4: Financial Functions, Data Tables, And Amortization Schedules

Section: Chapter Questions

Problem 8AYK

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