Problem 52: Logarithm
A machine depreciates at the rate of 10% of its value at the beginning of a year. The machine was purchased for $5810 and the scrap value realized when sold was $2250. Find the number of years that the machine was used.
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,...