Concept explainers
(a)
To find: The number of years for a piece of machinery to depreciate.
(a)
Answer to Problem 89RE
The number of years for a piece of machinery to depreciateis
Explanation of Solution
Given information:
The initial value of the machinery is
The number of years for a piece of machinery to depreciateiscalculated as,
Thus, thenumber of years for a piece of machinery to depreciateis
(b)
To find: The number of years for a piece of machinery to depreciate.
(b)
Answer to Problem 89RE
The number of years for a piece of machinery to depreciate is
Explanation of Solution
Given information:
The salvage value is half of its initial value and the annual depreciation rate is
The number of years for a piece of machinery to depreciate iscalculated as,
Simplify further,
Thus, the number of years for a piece of machinery to depreciate is
Chapter 5 Solutions
Precalculus
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