Posted by **Anonymous** on Monday, November 14, 2011 at 7:12pm.

Lena Horn bought a Toyota Tundra for $30,000 with an estimated life of 5 years. The residual value of the truck is $5,000. Assume a straight line method of depreciation (a) what will be the book value of the truck at the end of year 4 (b) If tyhe chevy truck was bought the first year on April 12, how much depreciation would be taken the first year?

- math -
**andre**, Wednesday, November 16, 2011 at 3:25pm
Five years ago, you bought a house for $151,000, with a down payment of $30, 000, which meant

you took out a loan for $121,000. Your interest rate was 5.75% fixed. You would

## Answer This Question

## Related Questions

- Math - Lena Horn bought a Toyota Tundra for $30,000 with an estimated life of 5 ...
- Math - A truck costing $25,000 with a residual value of $5,000 was purchased by ...
- business math - A truck costing $25,000 with a residual value of $5,000 was ...
- human resources - A truck costing $25,000 with a residual value of $5,000 was ...
- math - using problem 17-21 calculate the first 2 years depreciation assuming the...
- math - using problem 17-21 calculate the first 2 years depreciation assuming the...
- Financial accounting 2 - If a building cost $600,000, has an estimated residual ...
- Straight-line Depreciation - Please how do i calculate this problem. An asset ...
- Business Math - Jim Company bought a machine for $36,000with an estimated lofe ...
- accounting - Computer equipment was acquired at the beginning of the year at a ...

More Related Questions