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Home > Mathematics > General Mathematics > HSC Course > Financial Mathematics > FM6: Depreciation > Quick quiz: A sample of multiple choice questions for this topic.
FM6
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1. Machinery
is purchased for $15000 and depreciates by $1200 per year.
What is the machinery worth after 5 years?
2. A
car has an initial value of $20 000 and depreciates by $4000 per
year.
Write the linear function for the depreciation.
3. Equipment
worth $32 000 depreciates by $4800 per year.
After how many months will the equipment have a zero salvage value?
4. Office
equipment is purchased for $10 000 and depreciates at a rate of
25% p.a.
What will its value be after 5 years (answer to nearest dollar)?
5. Electrical
tools purchased for $7400 depreciate at a rate of 20% p.a.
Calculate the tax deduction for depreciation for these tools for
the financial year.
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