Questions #2: Assets Depreciation Program Businesses fixed assets, such as buildings, equipment, machinery, and furniture, depreciate over the years of usage. The yearly depreciation in value D for an asset is usually computed using the formula: D = (P – S) / Y where P is the asset purchase price in $, S is the salvage value in $, and Y is the number of years the asset is used. Write a Java program, named A1_Q2, which: 1. Display a welcome message. 2. Prompts the user to enter the three values in the same order (i.e., P, S, and Y) as a single input separated by spaces between them. 3. Computes the yearly depreciation in $, and yearly percentage depreciation, and number of years the value gets depreciated to 50% of purchase price of the asset. Your program must print the results in two decimal digits rounded. 4. Display a farewell message, so that the user knows that the program has terminated normally, example Thank you for using Asset depreciation tool. See you next time.
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Statistical function is of many categories. One of them is a MAX function. The MAX function returns the largest value from the list of arguments passed to it. MAX function always ignores the empty cells when performing the calculation.
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Questions #2: Assets Depreciation Program
Businesses fixed assets, such as buildings, equipment, machinery, and furniture, depreciate over
the years of usage.
The yearly depreciation in value D for an asset is usually computed using the formula:
D = (P – S) / Y
where P is the asset purchase price in $, S is the salvage value in $, and Y is the number of years
the asset is used.
Write a Java program, named A1_Q2, which:
1. Display a welcome message.
2. Prompts the user to enter the three values in the same order (i.e., P, S, and Y) as a single
input separated by spaces between them.
3. Computes the yearly depreciation in $, and yearly percentage depreciation, and number
of years the value gets depreciated to 50% of purchase price of the asset. Your program
must print the results in two decimal digits rounded.
4. Display a farewell message, so that the user knows that the program has terminated
normally, example
Thank you for using Asset depreciation tool.
See you next time.
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