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c) AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated at 8%. Calculate the value of the van after 5 years of usage.

c) AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated at 8%. Calculate the value of the van after 5 years of usage.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Without using Parry's Valuation Tables, solve the following problems by showing suitable calculations. a) i) If Amount of RM 1 per annum for 7 years @ 6.6 % is 2.6215, calculate the Annual Sinking Fund for 7 years @6.6%. b) c) ii) If Annual Sinking Fund for 5 years @ 5% is 0.1800, calculate the Years Purchased 5 years @ 5% Mr Ismi wishes to sell his freehold house in Johor Bharu. The house was let at market rent of RM320 per month net. Advise him on the minimum price he should offer if the investment return of property is at 6% per annum. AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated at 8%. Calculate the value of the van after 5 years of usage.
Transcribed Image Text:Without using Parry's Valuation Tables, solve the following problems by showing suitable calculations. a) i) If Amount of RM 1 per annum for 7 years @ 6.6 % is 2.6215, calculate the Annual Sinking Fund for 7 years @6.6%. b) c) ii) If Annual Sinking Fund for 5 years @ 5% is 0.1800, calculate the Years Purchased 5 years @ 5% Mr Ismi wishes to sell his freehold house in Johor Bharu. The house was let at market rent of RM320 per month net. Advise him on the minimum price he should offer if the investment return of property is at 6% per annum. AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated at 8%. Calculate the value of the van after 5 years of usage.
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