The value of a machine, V, at the end of t years is given by V = C(1-r)'. where C' is the original cost and r is the rate of depreciation. Find thevalue of a machine at the end of 3 years if the original cost was $1963 and r = 0.2. Round to the nearest cent.

Answered: Image /qna-images/answer/6d968ba8-0d1f-4dc5-9cbd-21397596fe7c.jpg

Answered: The value of a machine, V. at the end…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

Find the APY for an APR of 12.7% compounded (a) yearly, (b) semi-annually. (c) monthly, and (d) continuously.
PLEASE SHOW THE COMPLETE WRITTEN SOLUTION. If money is invested at 6% compounded semi annually, find the present value of P94 500 which is due in 3 years.
Compound Interest F. Determine the value of n and t in each problem below. 1. How much is the interest of an investment at 4% compounded quarterly for 2 years? 2. Caleulate the compound amount of Php 4,000 compounded monthly for 1 years? 3. A man deposited Php 20,000 in a savings bank that pays 4-% compounded semi-annually for 2 years and 6 months. What is the compound amount at the end of the term?
Find both the exact an ordinary interest on 35,800 at 6 1/4% for 199 days then find the amount by which the ordinary interest is larger
Compare the acccumuated amounts after 5years of P1000 invested at the rate of 10% per year compounded a.annually b.semi annually c.quarterly d.monthly e. Continuously
D Use the compound interest to determine the final Value of the given amonnts i) $ 850 "at sl. compounded daily for 18 years veedad The final Value is $ a Grond to nearest cent'as in) $ boo at 6%. Componnded continously years. for 10 JThe final' valne is 4( heded (ronnd to the reaest cent as
3. A sum of money was invested at a constant interest rate compounded annually. After five years, the value of the investment is $1590.71. After fourteen years, the value of the investment is $2510.34. a) How much money was invested originally? b) Calculate the annual interest rate.
1) If a bank account compounds continuously, and money in the account doubles in 9 years, find the APR. Write APR as a percent. Have 4 decimal places in your answer.
Q.2 The sum of $1000 is deposited every year at 8% simple interest. Calculate the interest at the end of cach year. Do these interest amounts form an A.P?. If so,find the total interest at the end of 30 years. Q.3 A ladder leans against a brick wallI. The foot of the ladder is 6 feet from the wall. The ladder reaches a height of 15 feet on the wall. Find to the nearest degree, the angle the ladder makes with the wall.

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS

The value of a machine, V. at the end of t years is given by V = C(1-r)'. where C is the original cost and r is the rate of depreciation. Find the value of a machine at the end of 3 years if the original cost was $1963 and r = 0.2. Round to the nearest cent.