Q4- You buy today a car 15,000 SR and you get profits from the car 1000 per year, after five year you sell a car 9000 SR as salvage (scrap): Find future value - F=? -A=1000 - 1=8% Find deprecation

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter17: Long-term Investment Analysis
Section: Chapter Questions
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Q4- You buy today a car 15,000 SR and you get profits from the car 1000 per year, after five
year you sell a car 9000 SR as salvage (scrap):
Find future value
- F=?
- A=1000
- 1=8%
- Find deprecation
Transcribed Image Text:Q4- You buy today a car 15,000 SR and you get profits from the car 1000 per year, after five year you sell a car 9000 SR as salvage (scrap): Find future value - F=? - A=1000 - 1=8% - Find deprecation
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