lol i had no idea for that question because didnt it say that salvage value would be 0. so when i did all my subsititutions i got
4root of 0/800 equals r, and that left me with like 0
so thats what i wrote!!
Do you think ill at least get say 1/2 mark for trying hehe i mean the damn thing is worth 4 marks!!!
yup.. got 29~ %
I thought it was different for them to put that type of question in, especially because it was all worth 4 marks... took a bit of problem solving skills.. or just basically some equation manipulation.
hmm ok i sat for 15min wheni got to the end of the paper looking at this questiom and couldnt do it i searched fromula shhet for help still couldnt do it i get out and someone says its on formula sheet. so i look and there it is. oh FK there goes four marks DAMN!
I was among the seeming throng who got 29.285% or thereabouts.. (Rounded to 29.3%). I just figured out the value after 2 years for Straight-line ($400), and then did guess and-check using the depreciation formula..