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A machine purchased for RM 28,000 is depreciated at a rate of RM 4,000 a year for seven years. Write a Python program that will
A machine purchased for RM 28,000 is depreciated at a rate of RM 4,000 a year for seven years. Write a Python program that will compute and display a depreciation table for seven years.
The table should display the following output:
Year Depreciation Accumulated Depreciation End-of-year-Value 24000 1 4000 4000 2 4000 20000 8000 3 4000 16000 12000 4 4000 12000 16000 5 4000 8000 20000 6 4000 4000 24000 7 4000 0 28000 Sample of output: Price of machine: RM 28000 Year Depreciation (RM) 4000 2 4000 3 4000 4 4000 5 4000 4000 4000 End-of-year value (RM) 24000 20000 16000 12000 8000 4000 0 Accumulated Depreciation (RM) 4000 8000 12000 16000 20000 24000 28000Step by Step Solution
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