cathysylviakell
Nov 28, 2012, 08:21 AM
1.)What is the Maturity value of a 120 day, 9% note for $150,000?
2.)A machine costing $85,000 with a 5-year life and $5,000 residual value was purchased January 2, 2011. Compute depreciation for each of the five years, using the declining-balance method at twice the straight-line rate.
1. Year 1 - $
2. Year 2 - $
3. Year 3 - $
4. Year 4 - $
5. Year 5 -
2.)A machine costing $85,000 with a 5-year life and $5,000 residual value was purchased January 2, 2011. Compute depreciation for each of the five years, using the declining-balance method at twice the straight-line rate.
1. Year 1 - $
2. Year 2 - $
3. Year 3 - $
4. Year 4 - $
5. Year 5 -