Can someone please help me out with these?
What is the rate of inflation of an item with a Consumer Price Index of 246.8 in 1991 and 362.4 in 1992? Round your answer to the nearest tenth.
0.681
0.319
0.468
0.536
Determine the future value of an annuity due into which quarterly deposits of $450 are made for nine years if the annuity pays 10% compounded quarterly.
$26,430.20
$29,073.31
$26,430.25
$27,751.79
The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,500 have a useful life of four years. Find the depreciation expense for the first year using the 150% declining balance method.
$63,750
$63,500
$63,250
$63,000
2 answers
THE TAO INC PRUCHASED AN ASSET FOR $170,,000 WITH A SALVAGE VALUE OF $8,500 HAVE A USEFUL FIFE OF FOUR YEARS. FIND THE DEPRECIATION EXPENSE FOR THE FIRST YEAR YEAR USING THE 150% DECLINING BALANCE METHOD.
Needs an anwser.
2 answers