A Tool and Die Company Buys a Machine for $175,000

question 65

Multiple Choice

A tool and die company buys a machine for $175,000 and it depreciates at a rate of 50% per year.(In other words,at the end of each year the depreciated value is 50% of what it was at the beginning of the year. ) Find the depreciated value of the machine after 5 full years. ​

• A)$5470.75
• B)$5467.75
• C)$5468.75
• D)$5471.75
• E)$5469.75

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Definitions:

Indulgent

Being indulgent is characterized by a tendency to be overly generous or lenient, often in a way that allows for excessive freedom or the gratification of desires.

Warm

Having a moderate degree of heat, or showing kindness and affectionate concern for others.

Cognitive-developmental View

A perspective in psychology that focuses on how cognitive abilities change and evolve with age, influenced by the work of Jean Piaget.

Lawrence Kohlberg

A psychologist known for his theory on the stages of moral development, emphasizing the progression of ethical reasoning.