30000togrowfor9yearsat6%.whatisthevalue
What is the accumulated value?
Book Value Formula:
B(t) = A(1 + r)t
Calculate appreciation rate:
| Appreciation rate (r) = | Appreciation % |
| 100 |
| Appreciation rate (r) = | 6 |
| 100 |
Appreciation rate (r) = 0.06
Plug in our numbers
B(9) = 30000(1 + 0.06)9
B(9) = 30000(1.06)9
B(9) = 30000(1.6894789590027)
Final Answer
B(9) = 50,684.37
What is the Answer?
B(9) = 50,684.37
How does the Percentage Appreciation Calculator work?
Free Percentage Appreciation Calculator - Solves for Book Value given a flat rate percentage appreciation per period
This calculator has 1 input.
This calculator has 1 input.
What 1 formula is used for the Percentage Appreciation Calculator?
B(t) = A(1 + a)2
What 6 concepts are covered in the Percentage Appreciation Calculator?
- appreciation
- the rise in the value of an asset
- asset
- Resources of value in accounting. Land, Equipment, Cash are examples
- book value
- the value of an asset according to its balance sheet account balance
- percent
- a specified amount in or for every hundred. one part in every hundred.
n% = n/100 - percentage appreciation
- salvage value
- the estimated book value of an asset after depreciation is complete, based on what a company expects to receive in exchange for the asset at the end of its useful life.
