book value - the value of an asset according to its balance sheet account balance

6 books cost 9.24. How much is 1 book

6 books cost 9.24. How much is 1 book
Set up a proportion of cost to books where x is the cost for 1 book:
9.24/6 = x/1
To solve this proportion for x, we [URL='https://www.mathcelebrity.com/prop.php?num1=9.24&num2=x&den1=6&den2=1&propsign=%3D&pl=Calculate+missing+proportion+value']type it in our search engine[/URL] and we get:
x = [B]1.54[/B]

A brand new car that is originally valued at $25,000 depreciates by 8% per year. What is the value o

A brand new car that is originally valued at $25,000 depreciates by 8% per year. What is the value of the car after 6 years?
The Book Value depreciates 8% per year. We set up a depreciation equation:
BV(t) = BV(0) * (1 - 0.08)^t
The Book Value at time 0 BV(0) = 25,000. We want the book value at time 6.
BV(6) = 25,000 * (1 - 0.08)^6
BV(6) = 25,000 * 0.92^6
BV(6) = 25,000 * 0.606355
BV(6) = [B]15,158.88[/B]

A car is purchased for $19000. After each year, the resale value decreases by 30% . What will the re

A car is purchased for $19000. After each year, the resale value decreases by 30% . What will the resale value be after 4 years?
Set up a book value function B(t) where t is the number of years after purchase date. If an asset decreases by 30%, we subtract it from the original 100% of the starting value at time t:
B(t) = 19,000(1-0.3)^t
Simplifying this, we get:
B(t) = 19,000(0.7)^t <-- I[I]f an asset decreases by 30%, it keeps 70% of it's value from the prior period[/I]
The problem asks for B(4):
B(4) = 19,000(0.7)^4
B(4) = 19,000(0.2401)
B(4) = [B]4,561.90[/B]

A car who’s original value was $25600 decreases in value by $90 per month. How Long will it take bef

A car who’s original value was $25600 decreases in value by $90 per month. How Long will it take before the cars value falls below $15000
Let m be the number of months.We have our Book Value B(m) given by:
B(m) = 25600 - 90m
We want to know when the Book value is less than 15,000. So we have an inequality:
25600 - 90m < 15000
Typing [URL='https://www.mathcelebrity.com/1unk.php?num=25600-90m%3C15000&pl=Solve']this inequality into our search engine and solving for m[/URL], we get:
[B]m > 117.78 or m 118 months[/B]

a machine has a first cost of 13000 an estimated life of 15 years and an estimated salvage value of

a machine has a first cost of 13000 an estimated life of 15 years and an estimated salvage value of 1000.what is the book value at the end of 9 years?
Using [URL='https://www.mathcelebrity.com/depsl.php?d=&a=13000&s=1000&n=15&t=9&bv=&pl=Calculate']our straight line depreciation calculator[/URL], we get a book value at time 9, B9 of:
[B]5,800[/B]

A new car worth $30,000 is depreciating in value by $3,000 per year. After how many years will the c

A new car worth $30,000 is depreciating in value by $3,000 per year. After how many years will the cars value be $9,000
Step 1, the question asks for Book Value. Let y be the number of years since purchase.
We setup an equation B(y) which is the Book Value at time y.
B(y) = Sale Price - Depreciation Amount * y
We're given Sale price = $30,000, depreciation amount = 3,000, and B(y) = 9000
30000 - 3000y = 9000
To solve for y, we [URL='https://www.mathcelebrity.com/1unk.php?num=30000-3000y%3D9000&pl=Solve']type this in our math engine[/URL] and we get:
y = [B]7
[/B]
To check our work, substitute y = 7 into B(y)
B(7) = 30000 - 3000(7)
B(7) = 30000 - 21000
B(7) = 9000
[MEDIA=youtube]oCpBBS7fRYs[/MEDIA]

A vehicle purchased for $25,000 depreciates at a constant rate of 5%. Determine the approximate valu

A vehicle purchased for $25,000 depreciates at a constant rate of 5%. Determine the approximate value of the vehicle 11 years after purchase. Round to the nearest whole dollar.
Depreciation at 5% means it retains 95% of the value. Set up the depreciation equation to get Book Value B(t) at time t.
B(t) = $25,000 * (1 - 0.05)^t
Simplifying, this is:
B(t) = $25,000 * (0.95)^t
The problem asks for B(11)
B(11) = $25,000 * (0.95)^11
B(11) = $25,000 * 0.5688
B(11) = [B]$14,220[/B]

After 5 years, a car is worth $22,000. It’s value decreases by $1,500 a year, which of the following

After 5 years, a car is worth $22,000. It’s value decreases by $1,500 a year, which of the following equations could represent this situation? Group of answer choices
Let y be the number of years since 5 years. Our Book value B(y) is:
[B]B(y) = 22,000 - 1500y[/B]

Bob bought 10 note books and 4 pens for 18$. Bill bought 6 notebooks and 4 pens for 12$. Find the pr

Bob bought 10 note books and 4 pens for 18$. Bill bought 6 notebooks and 4 pens for 12$. Find the price of one note book and one pen.
Let the price of each notebook be n. Let the price of each pen be p. We're given two equations:
[LIST=1]
[*]10n + 4p = 18
[*]6n + 4p = 12
[/LIST]
Since we have matching coefficients for p, we subtract equation 1 from equation 2:
(10 - 6)n + (4 - 4)p = 18 - 12
Simplifying and cancelling, we get:
4n = 6
[URL='https://www.mathcelebrity.com/1unk.php?num=4n%3D6&pl=Solve']Type this equation into our search engine[/URL] and we get:
[B]n = 1.5[/B]
Now, substitute this value for n into equation (2):
6(1.5) + 4p = 12
Multiply through:
9 + 4p = 12
[URL='https://www.mathcelebrity.com/1unk.php?num=9%2B4p%3D12&pl=Solve']Type this equation into our search engine[/URL] and we get:
[B]p = 0.75[/B]

Declining Balance Depreciation

Free Declining Balance Depreciation Calculator - Solves for Depreciation Charge, Asset Value, and Book Value using the Declining Balance Method

Dedra took a total of 6 pages of notes during 2 hours of class. After attending 3 hours of class, ho

Dedra took a total of 6 pages of notes during 2 hours of class. After attending 3 hours of class, how many total pages of notes will Dedra have in her notebook?
Set up a proportion of pages of notes to hours of class where p equals the number of pages of notes Dedra takes for 3 hours of class:
6/2 = p/3
[URL='https://www.mathcelebrity.com/prop.php?num1=6&num2=p&den1=2&den2=3&propsign=%3D&pl=Calculate+missing+proportion+value']Type this proportion into our search engine[/URL], and we get:
p = [B]9[/B]

Double Declining Balance Depreciation

Free Double Declining Balance Depreciation Calculator - Calculates Depreciation and Book Value using the Double Declining Balance Depreciation Method.

Facebook provides a variety of statistics on its Web site that detail the growth and popularity of t

Facebook provides a variety of statistics on its Web site that detail the growth and popularity of the site.
On average, 28 percent of 18 to 34 year olds check their Facebook profiles before getting out of bed in the morning. Suppose this percentage follows a normal distribution with a standard deviation of five percent.
a. Find the probability that the percent of 18 to 34-year-olds who check Facebook before getting out of bed in the morning is at least 30.
b. Find the 95th percentile, and express it in a sentence.
a. P(X >=0.30), calculate the [URL='http://www.mathcelebrity.com/probnormdist.php?xone=+0.30&mean=+0.28&stdev=+0.05&n=+1&pl=P%28X+%3E+Z%29']z-score[/URL] which is:
Z = 0.4
P(x>0.4) = [B]0.344578 or 34.46%[/B]
b. Inverse Normal (0.95) [URL='http://www.mathcelebrity.com/zcritical.php?a=0.95&pl=Calculate+Critical+Z+Value']calculator[/URL] = 1.644853627
Use NORMSINV(0.95) on Excel
0.28 + 0.05(1.644853627) = [B]0.362242681 or 36.22%[/B]

Four-fifths of Kayla’s Math Notebook is filled. She has written on 48 pages. How many pages is there

Four-fifths of Kayla’s Math Notebook is filled. She has written on 48 pages. How many pages is there total in the notebook?
Let the total pages be p. WE're given:
4p/5 = 48
To solve for p, we[URL='https://www.mathcelebrity.com/prop.php?num1=4p&num2=48&den1=5&den2=1&propsign=%3D&pl=Calculate+missing+proportion+value'] type this equation into our search engine[/URL] and we get:
p = [B]60[/B]

If Emma reads 1 page of a book in 44 seconds, how many pages will she read in 15 minutes

If Emma reads 1 page of a book in 44 seconds, how many pages will she read in 15 minutes
Convert 15 minutes to seconds:
15 minutes = 60 * 15 = 900 seconds
Set up a proportion of pages read to seconds where p is the number of pages read in 900 seconds (15 minutes):
1/44 = p/900
[URL='https://www.mathcelebrity.com/prop.php?num1=1&num2=p&den1=44&den2=900&propsign=%3D&pl=Calculate+missing+proportion+value']Typing this proportion into our search engine[/URL], we get:
p = [B]20.45[/B]

In 2010 a algebra book cost $125. In 2015 the book cost $205. Whats the linear function since 2010?

In 2010 a algebra book cost $125. In 2015 the book cost $205. Whats the linear function since 2010?
In 5 years, the book appreciated 205 - 125 = 80 in value.
80/5 = 16.
So each year, the book increases 16 in value. Set up the cost function:
[B]C(y) = 16y where y is the number of years since 2010[/B]

In 2016, National Textile installed a new textile machine in one of its factories at a cost of $300,

In 2016, National Textile installed a new textile machine in one of its factories at a cost of $300,000. The machine is depreciated linearly over 10 years with a scrap value of $10,000. (a) Find an expression for the textile machines book value in the t?th year of use (0 ? t ? 10)
We have a straight line depreciation. Book Value is shown on the [URL='http://www.mathcelebrity.com/depsl.php?d=&a=300000&s=10000&n=10&t=3&bv=&pl=Calculate']straight line depreciation calculator[/URL].

in 6th grade, veronica reads 45 books. in 7th grade she reads 63 books. what is the percent change?

in 6th grade, veronica reads 45 books. in 7th grade she reads 63 books. what is the percent change?
Percent Change = 100% * (New Value - Old Value)/Old Value
Percent Change = 100% * (63 - 45)/45
Percent Change = 100% * 18/45
Percent Change = 100% * 0.4
Percent Change = [B]40%[/B]
[B]
There is a percentage increase[/B]

Jack bought a car for $17,500. The car loses $750 in value each year. Which equation represents the

Jack bought a car for $17,500. The car loses $750 in value each year. Which equation represents the situation?
Let y be the number of years since Jack bought the car. We have a Book value B(y):
[B]B(y) = 17500 - 750y[/B]

Percentage Appreciation

Free Percentage Appreciation Calculator - Solves for Book Value given a flat rate percentage appreciation per period

Percentage Depreciation

Free Percentage Depreciation Calculator - Solves for Book Value given a flat rate percentage depreciation per period

Rick sold a total of 75 books during the first 22 days of May. If he continues to sell books at the

Rick sold a total of 75 books during the first 22 days of May. If he continues to sell books at the same rate, how many books will he sell during the month of May?
Set up a proportion of days to books where n is the number of books sold in May:
22/31 = 75/n
Using our [URL='https://www.mathcelebrity.com/proportion-calculator.php?num1=22&num2=75&den1=31&den2=n&propsign=%3D&pl=Calculate+missing+proportion+value']proportion calculator[/URL] and rounding to the next integer, we get:
n = [B]106[/B]

Sinking Fund Depreciation Method

Free Sinking Fund Depreciation Method Calculator - Using the Sinking Fund method of Depreciation, this calculator determines the following:

* Depreciation at time t (D_{t})

* Asset Value (A)

* Salvage Value (S)

* Book Value at time t (B_{t})

* Depreciation at time t (D

* Asset Value (A)

* Salvage Value (S)

* Book Value at time t (B

Straight Line Depreciation

Free Straight Line Depreciation Calculator - Solves for Depreciation Charge, Asset Value, Salvage Value, Time, N, and Book Value using the Straight Line Method.

Sum of the Years Digits (SOYD) Depreciation

Free Sum of the Years Digits (SOYD) Depreciation Calculator - Solves for Depreciation Charge, Asset Value, and Book Value using the Sum of the Years Digits Method

Suppose that you have just purchased a car for $40,000. Historically, the car depreciates by 8% each

Suppose that you have just purchased a car for $40,000. Historically, the car depreciates by 8% each year, so that next year the car is worth $40000(.92). What will the value of the car be after you have owned it for three years?
Book Value B(t) at time t is B(t) = 40,000(1-0.08)^t or B(t) = 40,000(0.92)^t
At t = 3 we have:
B(3) = 40,000(0.92)^3
B(3) = 40,000 * 0.778688
B(3) = [B]31,147.52[/B]

The value of a company van is $15,000 and decreased at a rate of 4% each year. Approximate how much

The value of a company van is $15,000 and decreased at a rate of 4% each year. Approximate how much the van will be worth in 7 years.
Each year, the van is worth 100% - 4% = 96%, or 0.96. We have the Book value equation:
B(t) = 15000(0.96)^t where t is the time in years from now.
The problem asks for B(7):
B(7) = 15000(0.96)^7
B(7) = 15000(0.7514474781)
B(7) = [B]11,271.71[/B]

Zach can read 7 pages of a book in 5 minutes. At this rate, how long will it take him to read the en

Zach can read 7 pages of a book in 5 minutes. At this rate, how long will it take him to read the entire 175 page book?
Set up a proportion of pages to minutes where m is the number of minutes needed to read 175 pages:
7/5 = 175/m
To solve this proportion, we [URL='https://www.mathcelebrity.com/prop.php?num1=7&num2=175&den1=5&den2=m&propsign=%3D&pl=Calculate+missing+proportion+value']type it in our search engine [/URL]and we get:
m = [B]125 minutes or 2 hours and 5 minutes[/B]