6. Suppose a bakeshop purchased an equipment worth P 100,000 equipment, which was expected to last for 5 years. After 5 years, it would be worth P 8,000. Under the double declining balance method of depreciation, determine the book value at the end of A. PhP 21,600 year 3. B. PhP 22,600 C. PhP 23,600 D. PhP 24,600

Q: Suppose an amount ₱ 500.00 is invested for 2 years at 6% interest rate. How much is the earning of…

A:

Q: The amount at the end of 5 years for a monthly deposit of Php1000 at 5% converted at the end of each…

A:

Q: If a nine-month term deposit at a bank earns a simple interest rate of 9% per annum, how much should…

A: Given: The value of r is 9%

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A: Given: Cost = 14.5M Replacement = 3M n = 4*10 =40 rate= 12%

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A: Given that  new car only costs Php28,300 If you finance it for 60 months at 6% annual interest, To…

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Q: Shyna borrowed Php. 35,000 with an annual interest of 6%. How much would be the interest? a. 2,100…

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Q: A professional basketball player signs a contract with a beginning salary of Php 3M for the first…

A: Solution: We know that geometric series with common ratio q and first term a1. an=a1.qn-1

Q: Which of the following is the present value of PHP 1,280,000 due in 5 years if the money is worth…

A:

Q: how much will amortize a product with a down payment of 3,000 Php for a monthly payment payable for…

A: Given Price = 21,000 and 15% discount  time = 2 years

Q: How long will it take borrower to diminiy₱198,480 if a lender charges 15.65% monthly and monthly…

A: loan amortization formula A=Pr(1+r)n(1+r)n-1 where A is periodic payment P is loan amount r is…

Q: Ms. Illeto bought a laptop and paid Php 10,000.00 for a down payment l. The remaining amount is to…

A:

Q: dividend of ₱160.90 per share last year. If yesterday’s last price was ₱2700, what is the current…

A: Please check the answer in next step

Q: Find the proceeds of Php 45,600 due at the end of 18 months if the discount interest rate is 10½ %.

A: Here we use the formula and given information to answer the question as follows.

Q: ong deposited an amount of Php10 000 in a bank that pays 4% annual interest compounded monthly. How…

A: Given that: Money deposited, P0=10000 Php                     Rate of interest, r=4%…