Question: Find/Determine the function that represents the book value. See I found the other functions but not the BV function it might be a piecewise function.

Find/Determine the function that represents the book value. See I found the other functions but not the BV function it might be a piecewise function.

After Years (m) Annual Depreciation Rate (Rm) SOY=Years(Years+1)/2Y Annual Depreciation Amount (Dm) Book Value (BV m)
Function (X) Years-X+1Y | Y/YY Y*(A-Q) ???
1 (5 1 + 1)/SOY = 5/15 (5/15)($135,000 $65,000) = $23,333 $135,000 $23,333 = $111,667
2 (5 2 + 1)/SOY = 4/15 (4/15)($135,000 $65,000) = $18,667 $111,667 $18,667 = $93,000
3 (5 3 + 1)/SOY = 3/15 (3/15)($135,000 $65,000) = $14,000

$93,000 - $14,000 = $79,000

-----------------------------------------

$107,000 $14,000 = $79,000

^offset $107,000?

4 (5 4 + 1)/SOY = 2/15 (2/15)($135,000 $65,000) = $9,333

$79,000 - $9,333 = $69,667

-----------------------------------------

$93,000 $9,333 = $69,667

^offset $93,000?

5 (5 5 + 1)/SOY = 1/15 (1/15)($135,000 $65,000) = $4,667

$69,667 - $4,667 = $65,000

-----------------------------------------

$79,000 $4,667 = $65,000

^offset $79,000?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!