The book Annuity Studies was written by author Samuel F Samuel Frederick Racine Here you can read free online of Annuity Studies book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Annuity Studies a good or bad book?
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What is the residual value of a machine costing $4, 000. 00 in 5 years at 10%? 2. What is the residual value of a machine costing $3, 000. 00 in 4 years at 3. The Smith Manufacturing Company acquires an auto- mobile for $1, 500. 00. They anticipate trading it in on another machine in 2 years at a value of $486. 00. What is the rate of depreciation on decreasing balances? 4. Suppose the cost was $4, 000. 00 and the residual value $1, 687. 50. 5. Which is the better purchase, and what is the savi...ng during each of the first 3 years, on a machine costing $2, 000. 00 with a 4 years life and a residual value of $819. 20, over a machine costing $1, 800. 00 having a 3 years life with a residual value of $1029. 22. 13 GROUP III. 1. Jno. Smith has an obligation of $19, 500. 20 due 2 years hence. What amount should he invest at intervals of six months in order to accumulate the desired amount if he is able to secure 5% interest on his investment? 2. Jones is entitled to an annuity of $50, 000 per year for two years payable in quarterly installments.
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