MAT 105_HandbookTab X PDF O file:///C:/Users/kadyb/OneDrive/MAT%20105_HandbookTables.pdf ... of 48 P E Fit to page D Page view A Read aloud 2 Add notes 43 LIFE INSURANCE RATES FOR MALES (FOR FEMALES SUBTRACT 3 YEARS)* Twenty- Age payment life Five-year Straight Age life Twenty-year Age term Age endowment 20 1.85 20 5.90 20 8.28 20 13.85 21 1.85 21 6.13 21 8.61 21 14.35 22 1.85 22 6.35 22 8.91 22 14.92 15.54 16.05 17.55 17.66 23 1.85 23 6.60 23 9.23 23 24 1.85 24 6.85 24 9.56 24 25 1.85 25 7.13 25 9.91 25 26 1.85 26 7.43 26 10.29 26 27 1.86 27 7.75 27 10.70 27 18.33 28 1.86 28 8.08 28 28 19.12 20.00 II.12 29 1.87 29 8.46 29 11.58 29 30 1.87 30 8.85 30 12.05 30 20.90 31 1.87 31 9.27 31 12.57 31 21.88 32 1.88 32 9.71 32 13.10 32 22.89 33 1.95 33 10.20 33 13.67 33 23.98 10.71 I1.26 34 2.08 34 34 14.28 34 25.13 35 2.23 35 35 14.92 35 26.35 36 2.44 36 11.84 36 15.60 36 27.64 37 2.67 37 12.46 37 16.30 37 28.97 38 2.95 38 13.12 38 17.04 38 30.38 39 3.24 39 13.81 39 17.81 39 31.84 40 3.52 40 14.54 40 18.61 40 33.36 41 3.79 41 15.30 41 19.44 41 34.94 42 4.04 42 16.11 42 20.31 42 36.59 43 4.26 43 16.96 43 21.21 43 38.29 44 4.50 44 17.86 44 22.15 44 40.09 *Note these tables are a sampling of age groups, premium costs, and insurance coverage that are available over 44 years of age. NONFORFEITURE OPTIONS BASED ON $1,000 FACE VALUE Straight life Twenty-payment life Twenty-year endowment Years Extended Extended Extended insurance Amount of Amount of Amount of term term term 12:26 PM P Type here to search 4/28/2020 MAT 105_HandbookTab X PDF O file:///C:/Users/kadyb/OneDrive/MAT%20105_HandbookTables.pdf ... of 48 P O Fit to page D Page view A Read aloud 2 Add notes 43 of age. NONFORFEITURE OPTIONS BASED ON $1,000 FACE VALUE Straight life Twenty-payment life Twenty-year endowment Years Extended Extended Extended insurance policy in force Amount of Cash paid-up Amount of Amount of Cash paid-up value insurance Years Day value insurance Years Day value insurance Years Day Cash paid-up term term term 71 76 186 29 86 91 220 19 190 92 229 23 140 10 96 259 18 521 28 195 319 520 30 160 15 148 371 20 165 317 781 32 176 610 790 35 300 20 265 550 21 300 475 1,000 Life 1,000 1,000 Life COMPULSORY INSURANCE (BASED ON CLASS OF DRIVER) DAMAGE TO SOMEONE ELSE'S PROPERTY Bodily injury to others 100M Damage to someone else's property Class 10M 25M 50M 10 132 134 135 136 Class 10/20 Class 5M 17 164 166 168 169 10 $ 55 10 18 164 166 168 169 129 160 17 98 17 20 191 193 195 197 18 20 80 18 160 116 20 186 TOWING AND SUBSTITUTE TRANSPORATION Towing and labor Substitute transportation 16 43 CONFIRMING PAGES |aptata| :Lis8242x hribk.indd 43 EQA 12:27 PM P Type here to search 4/28/2020

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
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Question

Prepare a depreciation schedule for the following machine: the machine cost $43,000; it has an estimated residual value of $5,300 and expected life of 280,000 units. The units produced were:

 

Year

Units

Depreciation

Book value at the end of each year

Year 1            

95,000 units

 

 

Year 2            

80,000 units

 

 

Year 3            

50,000 units

 

 

Year 4            

35,500 units

 

 

Year 5

30,000 units

 

 

 

I need help working these problems out. Explain in detail please.

MAT 105_HandbookTab X
PDF
O file:///C:/Users/kadyb/OneDrive/MAT%20105_HandbookTables.pdf
...
of 48 P
E Fit to page
D Page view A Read aloud
2 Add notes
43
LIFE INSURANCE RATES FOR MALES (FOR FEMALES SUBTRACT 3 YEARS)*
Twenty-
Age payment life
Five-year
Straight
Age life
Twenty-year
Age
term
Age
endowment
20
1.85
20
5.90
20
8.28
20
13.85
21
1.85
21
6.13
21
8.61
21
14.35
22
1.85
22
6.35
22
8.91
22
14.92
15.54
16.05
17.55
17.66
23
1.85
23
6.60
23
9.23
23
24
1.85
24
6.85
24
9.56
24
25
1.85
25
7.13
25
9.91
25
26
1.85
26
7.43
26
10.29
26
27
1.86
27
7.75
27
10.70
27
18.33
28
1.86
28
8.08
28
28
19.12
20.00
II.12
29
1.87
29
8.46
29
11.58
29
30
1.87
30
8.85
30
12.05
30
20.90
31
1.87
31
9.27
31
12.57
31
21.88
32
1.88
32
9.71
32
13.10
32
22.89
33
1.95
33
10.20
33
13.67
33
23.98
10.71
I1.26
34
2.08
34
34
14.28
34
25.13
35
2.23
35
35
14.92
35
26.35
36
2.44
36
11.84
36
15.60
36
27.64
37
2.67
37
12.46
37
16.30
37
28.97
38
2.95
38
13.12
38
17.04
38
30.38
39
3.24
39
13.81
39
17.81
39
31.84
40
3.52
40
14.54
40
18.61
40
33.36
41
3.79
41
15.30
41
19.44
41
34.94
42
4.04
42
16.11
42
20.31
42
36.59
43
4.26
43
16.96
43
21.21
43
38.29
44
4.50
44
17.86
44
22.15
44
40.09
*Note these tables are a sampling of age groups, premium costs, and insurance coverage that are available over 44 years
of age.
NONFORFEITURE OPTIONS BASED ON $1,000 FACE VALUE
Straight life
Twenty-payment life
Twenty-year endowment
Years
Extended
Extended
Extended
insurance
Amount of
Amount of
Amount of
term
term
term
12:26 PM
P Type here to search
4/28/2020
Transcribed Image Text:MAT 105_HandbookTab X PDF O file:///C:/Users/kadyb/OneDrive/MAT%20105_HandbookTables.pdf ... of 48 P E Fit to page D Page view A Read aloud 2 Add notes 43 LIFE INSURANCE RATES FOR MALES (FOR FEMALES SUBTRACT 3 YEARS)* Twenty- Age payment life Five-year Straight Age life Twenty-year Age term Age endowment 20 1.85 20 5.90 20 8.28 20 13.85 21 1.85 21 6.13 21 8.61 21 14.35 22 1.85 22 6.35 22 8.91 22 14.92 15.54 16.05 17.55 17.66 23 1.85 23 6.60 23 9.23 23 24 1.85 24 6.85 24 9.56 24 25 1.85 25 7.13 25 9.91 25 26 1.85 26 7.43 26 10.29 26 27 1.86 27 7.75 27 10.70 27 18.33 28 1.86 28 8.08 28 28 19.12 20.00 II.12 29 1.87 29 8.46 29 11.58 29 30 1.87 30 8.85 30 12.05 30 20.90 31 1.87 31 9.27 31 12.57 31 21.88 32 1.88 32 9.71 32 13.10 32 22.89 33 1.95 33 10.20 33 13.67 33 23.98 10.71 I1.26 34 2.08 34 34 14.28 34 25.13 35 2.23 35 35 14.92 35 26.35 36 2.44 36 11.84 36 15.60 36 27.64 37 2.67 37 12.46 37 16.30 37 28.97 38 2.95 38 13.12 38 17.04 38 30.38 39 3.24 39 13.81 39 17.81 39 31.84 40 3.52 40 14.54 40 18.61 40 33.36 41 3.79 41 15.30 41 19.44 41 34.94 42 4.04 42 16.11 42 20.31 42 36.59 43 4.26 43 16.96 43 21.21 43 38.29 44 4.50 44 17.86 44 22.15 44 40.09 *Note these tables are a sampling of age groups, premium costs, and insurance coverage that are available over 44 years of age. NONFORFEITURE OPTIONS BASED ON $1,000 FACE VALUE Straight life Twenty-payment life Twenty-year endowment Years Extended Extended Extended insurance Amount of Amount of Amount of term term term 12:26 PM P Type here to search 4/28/2020
MAT 105_HandbookTab X
PDF
O file:///C:/Users/kadyb/OneDrive/MAT%20105_HandbookTables.pdf
...
of 48 P
O Fit to page
D Page view A Read aloud
2 Add notes
43
of age.
NONFORFEITURE OPTIONS BASED ON $1,000 FACE VALUE
Straight life
Twenty-payment life
Twenty-year endowment
Years
Extended
Extended
Extended
insurance
policy in
force
Amount of
Cash paid-up
Amount of
Amount of
Cash paid-up
value insurance Years Day value insurance Years Day value insurance Years Day
Cash paid-up
term
term
term
71
76 186
29
86
91
220
19
190
92
229
23
140
10
96
259
18
521
28
195
319
520
30
160
15
148
371
20
165
317
781
32
176
610
790
35
300
20
265
550
21
300
475
1,000
Life
1,000
1,000
Life
COMPULSORY INSURANCE (BASED ON CLASS OF DRIVER)
DAMAGE TO SOMEONE ELSE'S PROPERTY
Bodily injury
to others
100M
Damage to someone
else's property
Class
10M
25M
50M
10
132
134
135
136
Class
10/20
Class
5M
17
164
166
168
169
10
$ 55
10
18
164
166
168
169
129
160
17
98
17
20
191
193
195
197
18
20
80
18
160
116
20
186
TOWING AND SUBSTITUTE TRANSPORATION
Towing and labor
Substitute transportation
16
43
CONFIRMING PAGES
|aptata|
:Lis8242x hribk.indd 43
EQA
12:27 PM
P Type here to search
4/28/2020
Transcribed Image Text:MAT 105_HandbookTab X PDF O file:///C:/Users/kadyb/OneDrive/MAT%20105_HandbookTables.pdf ... of 48 P O Fit to page D Page view A Read aloud 2 Add notes 43 of age. NONFORFEITURE OPTIONS BASED ON $1,000 FACE VALUE Straight life Twenty-payment life Twenty-year endowment Years Extended Extended Extended insurance policy in force Amount of Cash paid-up Amount of Amount of Cash paid-up value insurance Years Day value insurance Years Day value insurance Years Day Cash paid-up term term term 71 76 186 29 86 91 220 19 190 92 229 23 140 10 96 259 18 521 28 195 319 520 30 160 15 148 371 20 165 317 781 32 176 610 790 35 300 20 265 550 21 300 475 1,000 Life 1,000 1,000 Life COMPULSORY INSURANCE (BASED ON CLASS OF DRIVER) DAMAGE TO SOMEONE ELSE'S PROPERTY Bodily injury to others 100M Damage to someone else's property Class 10M 25M 50M 10 132 134 135 136 Class 10/20 Class 5M 17 164 166 168 169 10 $ 55 10 18 164 166 168 169 129 160 17 98 17 20 191 193 195 197 18 20 80 18 160 116 20 186 TOWING AND SUBSTITUTE TRANSPORATION Towing and labor Substitute transportation 16 43 CONFIRMING PAGES |aptata| :Lis8242x hribk.indd 43 EQA 12:27 PM P Type here to search 4/28/2020
Expert Solution
Step 1

Computation of depreciation per unit:

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Step 2

Working note:

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Section 179 Deduction and Modified Accelerated Cost Recovery System (MACRS) Depreciation
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