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c) AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated at 8%. Calculate the value of the van after 5 years of usage.

c) AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated at 8%. Calculate the value of the van after 5 years of usage.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
ChapterP: Prologue: Calculator Arithmetic
Section: Chapter Questions
Problem 2TU: If the annual percentage rate is 8% and the interest is compounded monthly, what is the amount owed...
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Without using Parry's Valuation Tables, solve the following problems by showing suitable calculations. a) i) If Amount of RM 1 per annum for 7 years @ 6.6 % is 2.6215, calculate the Annual Sinking Fund for 7 years @6.6%. b) c) ii) If Annual Sinking Fund for 5 years @ 5% is 0.1800, calculate the Years Purchased 5 years @ 5% Mr Ismi wishes to sell his freehold house in Johor Bharu. The house was let at market rent of RM320 per month net. Advise him on the minimum price he should offer if the investment return of property is at 6% per annum. AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated at 8%. Calculate the value of the van after 5 years of usage.
Transcribed Image Text:Without using Parry's Valuation Tables, solve the following problems by showing suitable calculations. a) i) If Amount of RM 1 per annum for 7 years @ 6.6 % is 2.6215, calculate the Annual Sinking Fund for 7 years @6.6%. b) c) ii) If Annual Sinking Fund for 5 years @ 5% is 0.1800, calculate the Years Purchased 5 years @ 5% Mr Ismi wishes to sell his freehold house in Johor Bharu. The house was let at market rent of RM320 per month net. Advise him on the minimum price he should offer if the investment return of property is at 6% per annum. AKZ Sdn. Bhd. bought a company van at a price of RM 150,000. The depreciation rate is estimated at 8%. Calculate the value of the van after 5 years of usage.
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