Depreciation Questions part 1

Dwayne

1)      Calculate the book value of a new Mitsubishi Lancer costing $45,000 after 6 years if it depreciates each year by 14%

 

2)       Calculate the book cost of a new truck costing $47,000 after 7 years if it depreciates each year by 13%

 

3)      A van is bought for $56,500. The inspector decided to calculate the depreciation each year as 13.5% of the book value at the beginning of the year. Find the value of the van at the end of 8 years

 

4)      Calculate the book value and depreciation of a laptop costing $3,900 after 4 years depreciating at 3% per annum

 

5)       Calculate the book value and depreciation of a sofa costing $5,650 after 9 years depreciating at 6% per annum

 

6)      Calculate the book value and depreciation of a bike costing $7,650 after 10 years depreciating at 4% per annum

 

7)      Calculate the book value and depreciation of a set costing $8,250 after 8 years depreciating at 5% per annum

 

8)      Calculate the book value and depreciation of a stereo costing $4,850 after 7 years depreciating at 7% per annum

 

9)      Calculate the book value and depreciation of a table costing $3,220 after 3 years depreciating at 2% per annum

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