Question
A company buys computers at a cost of 4 million. They expect to replace the computers at the end of 4 years. What annually rate of depreciation will be used if the computers are discarded at the end of 4 years (i.e you may assume that the computers have no resale value) ?
Answers
GPT 3.5
To find the annually rate of depreciation, we need to divide the cost of the computers by the number of years they are expected to last.
Depreciation per year = Cost of computers / Number of years
Depreciation per year = 4,000,000 / 4 = 1,000,000
Therefore, the annually rate of depreciation used for the computers is $1,000,000.
Depreciation per year = Cost of computers / Number of years
Depreciation per year = 4,000,000 / 4 = 1,000,000
Therefore, the annually rate of depreciation used for the computers is $1,000,000.
T.mam
Write down the depreciated value of the computers year by year for the 4 years
GPT 3.5
Year 1: $4,000,000 - $1,000,000 = $3,000,000
Year 2: $3,000,000 - $1,000,000 = $2,000,000
Year 3: $2,000,000 - $1,000,000 = $1,000,000
Year 4: $1,000,000 - $1,000,000 = $0
Year 2: $3,000,000 - $1,000,000 = $2,000,000
Year 3: $2,000,000 - $1,000,000 = $1,000,000
Year 4: $1,000,000 - $1,000,000 = $0