Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

A machine cost 80,000P and the salvage value is 20,000P after 20 years. Find the sinking fund factor if interest rate is 8% per year.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray Garrison, Eric Noreen, Peter Brewer

16th edition

1259307417, 978-1260153132, 1260153134, 978-1259307416

More Books

Students also viewed these Economics questions

Question

★★★★★

Sampled output from a process produced the following control chart: Based on the control chart, would you conclude that the process is stable? Justify your answer. 16 14 12 10 8 6 4 0

Answered: 1 week ago

Question

★★★★★

To protect the atmosphere, it has been suggested that hydrogen be used as a fuel in aircraft that fly at high elevations. This would avoid the formation of carbon dioxide and other carbon-based...

Answered: 1 week ago

Question

★★★★★

A computer selects decimal digits of a random number in the interval (0, 1) with equal probability among the digits 0, 1, 2,,

Answered: 1 week ago

Question

★★★★★

On January 1, 2017, Hunter Ltd. entered into an agreement to lease a truck from Situ Ltd. Both Hunter and Situ use IFRS 16. The details of the agreement are as follows: Additional information: 1....

Answered: 1 week ago

Question

★★★★★

Required information [ The following information applies to the questions displayed below. ] At December 3 1 , Hawke Company reports the following results for its calendar year. In addition, its...

Answered: 1 week ago

Question

★★★★★

I need an answer to this question. Thanks The following information applies to the questions displayed below.] Park Company reported the following March purchases and sales data for its only product...

Answered: 1 week ago

Question

★★★★★

The purpose of this research assignment is to have you, complete research on a topic that may have an impact on Strategic Planning in Supply Chain. Please add a maximum of three exhibits ( graphs,...

Answered: 1 week ago

Question

★★★★★

Five faculty members will be issued laptop computers with network interface controllers (NICS). The faculty members want to use their laptops in their classrooms and offices. There are also...

Answered: 1 week ago

Question

★★★★★

Google your state's Powerball or megamillions and calculate the probability of winning the jackpot. Most sites report odds instead of probability, so you'll need to do a simple conversion. Share a...

Answered: 1 week ago

Question

★★★★★

Many countries took issue with the U . S . system of antidumping laws, in part because historically, the U . S . Commerce Department almost always ruled in favor of the U . S . company that filed the...

Answered: 1 week ago

Question

★★★★★

An angle bracket is built inon one side and has a rectangular load applied to its sloped face as shown in the diagram. A B 1 lb/in T 6 in C 18 in 8 in What counterclockwise couple moment do we need...

Answered: 1 week ago

Question

★★★★★

I need help on this question Keep the Highest 0} 1 Attempts D I o:- 11. Disequilibrium Suppose the market for cars is unregulated. That is, car prices are f st based on the forces of supply and...

Answered: 1 week ago

Question

★★★★★

4. In what way will relationships in a system influence what is reported?

Answered: 1 week ago

Question

★★★★★

3. Mention three examples where you distorted information that you had taken from your memory and where others made you aware of the fact that you had distorted the information. Did it create a...

Answered: 1 week ago

Question

★★★★★

4. Think of two units of information you have received during the course of the day. Connect these two units of information and try to create completely new information that did not exist in the...

Answered: 1 week ago

Previous Question Next Question