1 answer

It is known that the present worth of salvage value of a car at the end...

Question:

It is known that the present worth of salvage value of a car at the end of its 10th year is $2,070.
What was the purchase price of the car if its depreciation rate is 20% and MARR is 10%?

A. $55,300
B. $38,600
C. $50,000
D. $40,000
E. $19,300?


Answers

CI.1) 10 5361.3 let Price be yeat Dep Book value D 64x 0,512 3 0 18x Oloaux 0.33狀 4 o 20X 10 O-1o43Y An is optionc 10

.

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