🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
Mathematics
1
answer
3
watching
431
views

Xiang is a teacher who bought a $2350 laptop for school use. The laptop is an allowable deduction with a rate of depreciation of 33% p.a. of the current value. How much can be claimed for depreciation in the:
a) first year?
b) second year?
c) third year?

Watch
1
answer
3
watching
431
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Bunny Greenfelder
Bunny GreenfelderLv2
21 Feb 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related questions

1. You have $10,000.00 to invest for 3 years, Bank A offers an interest rate of 5% compounded annually, while Bank B offers a rate of 2% comp. annually for the first year, 4% comp. annually for the second year and 9% comp. annually for the third year. Which Bank offers a bigger return on your investment? In other words, which would be more profitable for you? A) Both are equally profitable B) Bank B C) Bank A D) Neither one E) None of the above

John is going to expand. He has found a house with an extra apartment in the basement, which he has rented out for 150,000 euros a month. John's equity in the current apartment is 30 million. The house costs 100 million. It is possible to take out a 35-year equal-payment loan with monthly payments at the end of the period. The interest rate is 5.2% per year a) In the basement of the house is an apartment that John can rent out for 150,000 euros per month. How much does john have to pay for himself? b) What is the status of the loan with 15 years left? c) How are the total payments on the loan divided over the period into interest and installments?

7. (a) Assume R dollars are deposited into an ordinary annuity at the end of each month where interest is 9% APR compounded monthly. Calculate the least whole number of years that it will take the future value of the annuity to grow to 1,000R dollars. 5 points) (b) Suppose now that R dollars are deposited into another ordinary annuity at the end of each month for 15 years at an interest rate of z% APR compounded monthly. At the end of the 15 years it is known that the value of the annuity is 500R. State the function f(x) that you would apply Newton's method to in order to approximate the value of a. (4 points) (c) What is the maximum amount of compound interest (expressed as a percentage, rounded to one decimal) that can be earned on a principal of P dollars for exactly 2,000 days at 7.4% APR? (use 1 year = 365 days) [4 points)

Weekly leaderboard

Home
Homework Help 3,900,000
Mathematics 240,000
Start filling in the gaps now
Log in