Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the capital recovery factor used for?
💡 Hint: Think about loan repayments.
Question 2
Easy
Define salvage value.
💡 Hint: Consider what happens to assets at the end of their lifespan.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does the capital recovery factor help determine?
- A. Total cost of the asset
- B. Annual payment to recover costs
- C. Depreciation
- D. None of the above
💡 Hint: Focus on cash flows related to capital recovery.
Question 2
True or False: The salvage value is the value of equipment at the start of its life?
- True
- False
💡 Hint: Think about when an asset is being sold after use.
Solve and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A company needs to replace a machine that has an estimated salvage value of $50,000 after 10 years. If they want to calculate how much to save each year to reach a total of $50,000 at an interest rate of 5%, what is the uniform annual saving amount?
💡 Hint: Apply the sinking fund factor.
Question 2
Calculate the annualized cost for a piece of equipment priced at $200,000 with a salvage value of $20,000 after 10 years with an interest rate of 8%.
💡 Hint: Use the capital recovery factor in your calculations.
Challenge and get performance evaluation