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OpenStudy (anonymous):
cost=10,000 , n =4 , Scrap Value =2000 , calculate its book value after being used for 3 years using reducing balance....?????????
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OpenStudy (anonymous):
Annual rate depreciation = 1-n shift ^ Scrap Value/ Cost
OpenStudy (anonymous):
Book value = BVn=C(1-r)^n
OpenStudy (anonymous):
right or not my answer is 2990.70 or i need to calculate for 2 years on the book value and the answer minus 3 years on the book value?
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