Leo Lucky, owner of a Pizza Hut franchise, bought a delivery truck for $30,000. The truck has an estimated life of 5 years with a residual value of $10,000. Calculate (a) The annual depreciation and (b) the book value at the
end of year 3.

Determine the common ratio and find the next three terms of the geometric sequence. 10, 2, 0.4, a. 0.2; -0.4, -2, -10 c. 0.02; 0.08, 0.016, 0.0032 b. 0.02; -0.4, -2, -10 d. 0.2; 0.08, 0.016, 0.0032 select the best answer from the choices provided a b c d