Question
Create a Python program to calculate depreciation. Ask the USER for the following INPUTS: Cost (float), Salvage Value (float) , Useful Life (int) Validity Check:
Create a Python program to calculate depreciation. Ask the USER for the following INPUTS: Cost (float), Salvage Value (float) , Useful Life (int) Validity Check: Once you have the inputs, make sure that Cost is greater than Salvage value. make sure that Useful Life is greater than or equal to One Finally, prepare a SCHEDULE OF DEPRECIATION. You will calculate depreciation using Straight Line, Sum of Years Digit, and Double Declining Balance. In other word, you will prepare 3 separate depreciation schedules. Each schedule should start will Year 1 and go on till depreciation expense is zero.
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