Horizontal translation of six units
Answer:
At the end of the 2 year, the book value of the truck is $12,600
Step-by-step explanation:
we know that
<u><em>Double declining balance method</em></u> is a form of an accelerated depreciation method in which the asset value is depreciated at twice the rate it is done in the straight-line method.
Step 1
Determine the straight-line depreciation rate
Divide the total cost by the number of years in the asset's useful life.
Step 2
Then, multiply that number by 2 and that is your Double-Declining Depreciation Rate
-----> is the depreciation for Year 1
Step 3
At the end of the first year, the book value of the truck is
Step 4
For Year 2, we will apply the same formula to the book value of the truck by the end of Year 1
-----> is the depreciation for Year 2
therefore
At the end of the 2 year, the book value of the truck is
Answer:
x=2/3,1/3
Step-by-step explanation:
Answer:
5000
Step-by-step explanation:
Given the question :
The size of debt after m months is respresented by the expression :
36,700 - (5000 + 500m)
Since Michael has decided to dedicate the entirety of his signing bonus towards paying his debt, then that is a constant and one-off payment.
Also, a fixed portion of his salary each month has also been assigned towards paying off his debt,
Then the amount paid from his salary after a certain number of months will be:
Fixed amount × number of months = 500 × m
Amount paid using signing bonus will be a constant = 5000
Total debt amount = 36,700
Size of debt left after m months :
Total debt - ( signing bonus - fixed amount × m)
Hence signing bonus = 5000