Question: Using your calculations from Question 9, Table 7, what is the depreciation on the vehicle in dollar terms?Group of answer choices$9,900.00$9,700.00$9,800.00$8,500.00 9. Calculate the depreciation

Using your calculations from Question 9, Table 7, what is the depreciation on the vehicle in dollar terms?Group of answer choices$9,900.00$9,700.00$9,800.00$8,500.00

9. Calculate the depreciation in dollar and percentage terms, the yearly depreciation in percentage terms, and the percentage residual value based on the figures provided below. Round each answer to 2 decimals. Type your answers to the calculations in Table 7 of your data file. Remember to show your calculations. The gross capitalized cost of a vehicle is $18,200. At the end of a two-year lease, the residual value is $8,500. What is the depreciation on the vehicle in dollar and percentage terms? What is the yearly depreciation in percentage terms? What is the percentage residual value

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