Problem 53: Logarithm
A machinery in a factory is valued at $49074 and it is decided to reduce the estimated value at the end of each year by 15 per cent of the value at the beginning of that year. When will the value be (a) $20,000 (b) 1/10th of the original value?
Problems: Logarithms
Problem 69: Logarithm
A machine costs a company $52,000 and its effective life is estimated to be 25 years. A sinking fund...
Problem 57: Logarithm
A machine costs a company $65,000 and its effective life is estimated to be 25 years. A sinking fund...
Problem 55: Logarithm
Calculate the amount and present value of an annuity of $3000 for 15 years if the rate of interest b...
Problem 54: Logarithm
Find the present value of an annuity of $1000 p.a. for 14 years following compound interest at 5% p....
Problem 53: Logarithm
A machinery in a factory is valued at $49074 and it is decided to reduce the estimated value at the ...
Problem 52: Logarithm
A machine depreciates at the rate of 10% of its value at the beginning of a year. The machine was pu...
Problem 48: Logarithm
A man left $18000 with the direction that it should be divided in such a way that his 3 sons aged 9,...