Question

Depreciation is equal to _______

a) P(1+(R/2)/100)^N b) P(1+(R)/100)^N

c) P(1-(R/2)/100)^N d) P(1-(R)/100)^N​

Answer 1

Answer:

(0.20*$6, 500) $1, 300

Answer 2

Answer:

Depreciation expense equals the composite depreciation rate times the balance in the asset account (historical cost).

answer is c