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Raya has decided to depreciate her fixed assets. She has a printing press which was worth £500 at cost and is estimated to depreciate in value at 15% a year, Reducing balance method. Calculate the NBV at the end of year 3. Showing your working out.

Cost Price = 500 Year 1 = 500-75 = 425 Year 2 = 425 - 63.75 = 361.25 Year 3 = 361.25 - 54.1875 = 307.0625 Therefore the Net Book Value at the end of year 3 will be £307.06

Answered by Raya R. • Accounting tutor

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Show that the sum from 1 to n of 1/(2n+1)(2n-1) is equal to n/(2n+1) by Induction

First we check that this is true for n=1: S₁ = 1/(1x3) which is equal to n/(2n+1) for n=1 therefore S_n= n/(2n+1) is true for n = 1. Next assume that it is true for n=k. S_k

Answered by Jamie F. • Further Mathematics tutor

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Why is the Senate important?

The Senate's chief importance comes from the unique powers that Senators have, which make them effective and influential in the policy progress. For instance, a significant power at the moment is filibust...

Answered by Isadora M. • Government and Politics tutor

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Why was Charles I unpopular?

Think over the factors at play in society and how Charles I's actions affected them - religion, for instance, had caused difficulty and violence for all the Tudor monarchs since Henry VIII, and this had o...

Answered by Isadora M. • History tutor

13535 Views

Differentiate the following equation: y = 2(x^3) - 6x

Firstly we look at the term 2(x^3). The power of x (in this case 3) is multiplied by the factor of x (in this case 2) and the power is then reduced by 1. This means it is 2x3(x^{3-1}) which simplifies to ...

Answered by Anna W. • Maths tutor

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