Big Trucking Company has purchased a $100,000 dump truck that has a useful life of 8 years. After the first year of use, the market value of the dump truck falls to $70,000. If the highest one-year return available is 10 percent, what is the one -year return from selling the dump truck?

A) $10,000 B) $7,000 C) $60,000 D) $70,000


B) $7,000

Anthropology & Archaeology

You might also like to view...

A protolanguage is an ancestral language

a. True b. False Indicate whether the statement is true or false

Anthropology & Archaeology

In an ecclesiastical cult, the laypersons are responsible for:

a. performing periodic rituals. b. performing weekly rituals. c. supporting the church through their labor and money. d. engaging in a “vision quest.” e. serving as the leader on a rotational basis.

Anthropology & Archaeology

Most paleoanthropologists agree that human ancestors moved from Africa to Asia

Indicate whether the statement is true or false

Anthropology & Archaeology

Biological differences between males and females, other than contrasts in breasts and genitals, is

A. sexual dimorphism. B. gender dimorphism. C. gender. D. sex. E. sexual bifurcation.

Anthropology & Archaeology