Declining-Balance Depreciation (HSC SSCE Mathematics Standard): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What stays constant in declining-balance depreciation?
What stays constant in declining-balance depreciation?
The percentage rate
In the formula , what does represent?
In the formula , what does represent?
Purchase price
How do you convert 25% to a decimal for the depreciation formula?
How do you convert 25% to a decimal for the depreciation formula?
0.25
What happens to dollar depreciation over time?
What happens to dollar depreciation over time?
It decreases
Declining-balance depreciation works similarly to which concept?
Declining-balance depreciation works similarly to which concept?
Compound interest
A car worth 20,000 USD depreciates 10% yearly. What's the year 2 value?
A car worth 20,000 USD depreciates 10% yearly. What's the year 2 value?
16,200 USD
A 32,000 USD car depreciates 25% then 20%. What's the final value?
A 32,000 USD car depreciates 25% then 20%. What's the final value?
19,200 USD
To find purchase price from salvage value, how do you rearrange the formula?
To find purchase price from salvage value, how do you rearrange the formula?
Divide by
In the formula, what does represent?
In the formula, what does represent?
Salvage value
To find rate from , which root do you take?
To find rate from , which root do you take?
Fourth root