Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

i need help with this

Daniel owns a car that cost him $175 000,00. He wishes to replace it with a similar model in four years' time. If depreciation on the car is 14,2% p.a. on the reducing balance method, and inflation is at 4,9% p.a., calculate

1. The expected cost of the similar model in four years' time

2. The Expected book value of the car in four years' time

3. The amount of money Daniel is expecting to have as a deposit if he sells the old car in four years' time​

Sagot :

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.