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A car costs £10,000 and it has a depreciation policy of 15% each year, reducing balance method. what is the net present value at the end of year 3?

Year 1£10,000 * 15% = £1,500 (Depreciation for year 1)£10,000 - £1,500 = £8,500 (Net present value at the end of year 1)
Year 2£8,500 * 15% = £1,275 (D...

Answered by Accounting tutor
1922 Views

Solve the curve xy=2 and x+y=3

This question is a simultaneous equation, this means we substitute one value into the other equation.We are looking for the points where the curves intersect.First I would take x+y=3 and bring the y over ...

Answered by Peter M. Maths tutor
4158 Views

What is the value of an investment of £4500 with compound interest of 1.3% after six years?

We solve this by multiplying the starting value, £4500 , by 1 + {the interest rate expressed as a decimal} , or in this case, 1 + 0.013 . This gives us £4500 x 1.0136 and when we type this into...

Answered by Mark C. Maths tutor
2750 Views

Describe the process of saprophytic nutrition in soil microorganisms

Enzymes are secreted by the microorganisms and extracellular digestion takes place as the enzymes break down any complimentary substrate. Next, the products of this digestion are absorbed into the microor...

Answered by Mark C. Biology tutor
2543 Views

Describe the bonding present in a piece of sodium metal.

A lattice of positive sodium ions with a sea of delocalised electrons distributed around them. The metallic bond consists of the electrostatic force of attracion between the positively charged sodium atom...

Answered by Mark C. Chemistry tutor
12109 Views

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