Ask Question
19 June, 20:55

A truck cost 35000 with a residual value of 2000. Ita service life is 5 years using the declining balance method at twice the straight line rate. the value of the book at the end of 2 years is?

+4
Answers (1)
  1. 19 June, 21:18
    0
    The value of the book at the end of 2 years

    (35000-2000) / 5*2+2000=$15200
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A truck cost 35000 with a residual value of 2000. Ita service life is 5 years using the declining balance method at twice the straight line ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers