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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 5
An asset has a first cost of $45,000, a recovery period of 5 years, and a $3000 salvage value. Use the switching procedure from DDB to SL depreciation, and calculate the present worth of depreciation at i = 18% per year.
Explanation
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Depreciation is a method to represent th...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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