Question: answer all the questions please 9) A $15,000 drill press will be depreciated over 10 years by a straight-line method. If salvage is $2,800, what

answer all the questions please answer all the questions please 9) A $15,000
9) A $15,000 drill press will be depreciated over 10 years by a straight-line method. If salvage is $2,800, what percentage of the initial book value is the annual depreciation ? a) 12% b) 10% 12% d) 8% 10) A machine costs $600. The accounting life of the machine is estimated to be 10 years. If the value of the machine after 10 years is $1,600, what is the depreciation in the fifth year ? (Use thum-of-years' digits method) a) $454.54 b) 545.45 c) $654.54 d) $764.45 11) An annuity of $5,60 is paid each year for 10 years. The payment is made at year end. If the interest rate is 10%, what is present worth of the 10 payments ? a) $34,410 b) $1,526 c) $56,000 d) $99,247 12) You deposit $1000 to a 9% account today. At the end of two years, you will deposi" another $3000 Ton five years, you plan a $4000 purchase. How much is left in the account one year after the purchase ? a) $1691 b) $1652 C) $1424 d) $92

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