Find the Book Value to the Nearest Dollar

question 19

Multiple Choice

Find the book value to the nearest dollar.
-Cost $2,890, life 7 years, scrap value $231 at the end of 1 year, sum-of-the-years'-digits method

• A)$2,225
• B)$2,510
• C)$2,477
• D)$2,064

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Definitions:

Water Content

The amount of water contained in a substance, which can affect the substance's properties, such as freshness in foods or hydration in the body.

Eating Fruit

The act of consuming fruits, which are parts of flowering plants containing seeds, often high in vitamins, minerals, and fiber.

Memory Skills

The cognitive abilities involved in the encoding, storage, and retrieval of information over short or long periods.

Sensory Skills

The abilities related to the detection, identification, and interpretation of sensory information from the environment.