Multiple Choice
Which of the following formulas would you use to calculate the fourth year of depreciation of a $100,000 loan that declines to a salvage value of $25,000 after 10 years?
A) DB(100000, 25000, 10, 4)
B) SLN(100000, 25000, 4)
C) DB(100000, 10, 4)
D) SLN(25000, 10, 4)
Correct Answer:
Verified
Correct Answer:
Verified
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